Cereal news, September 15, 2023

Over the course of the week, wheat prices on Euronext/Matif stabilized and increased. The current front month of December closed last Friday with a red sign at 236.25 euros/t, and yesterday, Thursday, it was 242.00 euros/t at the closing bell. At the start of today's trading day, the contracts are trending somewhat weaker again, but are above the 240 euro/t mark in the first quarter of an hour...

Expert Opinion: 

Concerns about the global supply situation have increased again. The fighting and the attacks on grain infrastructure are putting strain. Chances of a grain deal making a comeback are slim and recent global production cuts in the WASDE report are fueling the bulls. Nevertheless, the local supply...