Cereal news, February 9th, 2024

Wheat and corn were under significant pressure on the stock market in the week that is now coming to an end. The leading March contract for wheat closed last Friday at 213.25 euros/t, and at the closing bell yesterday Thursday it was still 205.25 euros/t on the Euronext/Matif scoreboard in Paris. Accordingly, prices on the cash markets were also under pressure. Corn closed yesterday with a...

Expert Opinion: 

The pressure on the grain market continues. Although the USDA has increased production expectations for wheat, the great international competition triggered by export prices in Russia and the Ukraine's good delivery ability continued to put American and European prices under pressure. The corn...