Grain News, 01/20/2023

With the exception of Wednesday, wheat has headed south every day this week. When the front month of March 2023 closed at EUR 288.75 per tonne last Friday, the scoreboard on the Paris Stock Exchange was still EUR 284.75 at the closing bell on Thursday. Corn contracts on Euronext/Matif also fell, although the losses in corn were smaller than in wheat. The trend remains in tact here too. From...

Expert Opinion: 

The downtrend for wheat and corn is still intact. However, the momentum of the price reductions has slowed down recently, but there is no sign of bottoming out. The harvest in the southern hemisphere will have an impact in the next few weeks, but the Russian harvest is likely to be more dominant...