Grain News, 05.08.2022

Both in Europe and in the USA, wheat contracts are showing losses on a weekly basis. At the close of trading on the Matif last Friday, the most traded December date was 331.75 euros/t. Last night it was 327.75 euros and thus 4 euros less. In the same period, the CBoT fell from 825.75 US cents/bu to 808.00 US cents/bu for the December date. The main reason for the drop in prices is that the...

Expert Opinion: 

In the fields, everyone looks at the development of the corn plants. Because of the drought, the limited irrigation options and the predicted temperatures, the plants are likely to have problems developing in the near future. The price level is developing accordingly, even if Ukrainian exports...