# Paris wheat consolidates before USDA crop report - Markets - Business Recorder

> Euronext March milling wheat was little changed at 226.75 euros a tonne as traders awaited the USDA monthly world crop report. Chicago corn hit a 7-1/2-year high ahead of the report on expectations of tighter US and global corn supplies after large export sales to China. Cold in the US Plains was seen as a possible threat to crops.

- Date: 2021-02-09 · published 2021-02-09T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/48563-paris-wheat-consolidates-before-usda-crop-report-markets-business-recorder
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Market focus on the USDA report and tightening corn supply signals firm feed-grain prices, while European wheat is largely unchanged on limited crop risk.

## Read by commodity

- CORN: bullish ▲
- WHEAT: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/40062069

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.