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European wheat futures slipped on Aug 31 from a four-week high, with December Euronext milling wheat down 1.7% at 324.25 euros a tonne after touching 332 euros. Chicago wheat also fell from a seven-week high, while Chicago corn dropped after a rally.
Growing Black Sea supply and cheap Russian offers are capping European wheat export prices, which keeps feed wheat values under pressure for buyers.
brecorder.comReutersAug 31, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
