Grain Markets: Rally in MATIF Wheat

European Grain Markets The MATIF wheat front futures rallied yesterday and is back above the 20-day average. The session started strongly after news of a cargo ship hitting a sea mine in the Black Sea, near the border between Romania and Ukraine. The cause of the...

Corn Prices Fall to 3-Year Low Amid Lower Demand

December corn prices on the Chicago SWOT fell to $185.5/t, the lowest since December 2020, on Monday amid reduced demand and an acceleration in the harvesting of the new crop, and on Tuesday rose 1% to $187.5/t for supporting hot weather in Brazil, which may delay...

Ukraine Expects Seasonal Drop In Corn Prices

In Ukraine, harvesting of the new crop of corn has begun. The forecasted harvest may be 30 million tons, which is quite a lot for local logistics. As of now, the corn harvest promises to be large. If the weather does not spoil anything, then Ukraine will have ~30...

French Corn Yields Appear to Be Falling

According to current data, 80 percent of the French corn crop was in good or excellent condition in the week ending September 4, down from 82 percent the previous week. This comes just as harvesting in the European Union’s largest cereal producer gets underway,...