Euronext wheat edged up on Friday but was set for a sharp decline over the year after stiff export competition from the Black Sea region eased worries about war disruption to the grain trade.
Tag Archives Euronext
EU wheat prices set for annual fall as Black Sea trade withstands war
War in Ukraine propelled grain prices to record highs in 2022, but prices subsided this year
U.S. grains: Wheat futures rise on fears over Russia-Ukraine conflict
CBOT corn reaches seven-month high; South America rains weigh on soy futures
Chicago | Reuters — U.S. wheat futures advanced on Monday amid fears that Russia may invade Ukraine and disrupt grain shipments from the region, a major global supplier, traders said. Corn futures also strengthened and set a seven-month high, while soybean futures weakened. Grain traders kept their attention on Russia because it is the world’s […] Read more
U.S. grains: Robust global demand supports Chicago wheat
Chicago | Reuters — Profit-taking pulled down Chicago Board of Trade wheat futures on Wednesday after robust global demand and concerns about tightening supplies pushed the most-active contract to its highest price since August 2018. Soybean futures also ended lower, while nearby corn futures inched higher. Traders in the farm markets continued to wait for […] Read more
U.S. grains: Wheat, corn rise to multi-month highs
Chicago | Reuters — U.S. wheat and corn futures extended gains to set multi-month highs on Friday on follow-through buying after the U.S. Department of Agriculture slashed domestic stockpile estimates in a monthly report on Thursday. Soybeans also were higher as investors defended their net long position despite expectations for a record-large harvest in top […] Read more
U.S. grains: Wheat prices fall on hefty supplies
Chicago | Reuters — U.S. wheat fell for the second straight day on Thursday, pressured by technical selling, ample global supplies and lacklustre demand for U.S. shipments and dragged by Paris futures which hit a contract low early in the session. Chicago Board of Trade wheat futures extended declines after Euronext March milling wheat tumbled […] Read more
U.S. grains: Wheat falls most in two weeks as USDA boosts supply outlook
Chicago | Reuters — U.S. wheat futures tumbled more than three per cent for their largest losses in two weeks on Wednesday after the U.S. Department of Agriculture boosted its production forecast for the winter wheat crop in a monthly supply and demand report. Corn futures posted their largest daily declines since March at the […] Read more
Cyber-Savvy Farmer
