Grain News, 02/03/2023

After surging late last week and early this week, wheat contracts fell again, continuing their trend. Over the course of a week, wheat on the Euronext/Matif went south from EUR 288.75 last Thursday to EUR 283.00 yesterday. For the whole of January, the March contract fell by EUR 21.50. At first. Maize also fell on the Euronext and closed yesterday in the front month of March at a closing price...

Expert Opinion: 

The grain markets on both sides of the Atlantic are doing somewhat differently at the moment. In Europe, competition from Russian wheat has become much stronger, as the latest tender from Egypt shows. In addition, the reduced pig and sow stocks ensure a lower demand for feed grain. The trends...