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European cereal prices fell on weak EU wheat export activity, while rapeseed rose 3.25 euros per tonne on the Euronext November contract. The French agriculture ministry cut its 2020 wheat estimate to 29.5 Mt, and China bought 132,000 t of US soybeans.
Lower French and EU crop estimates support European wheat and rapeseed values, while Chinese purchases of US soybeans add demand support for the US complex.
agritel.comSep 16, 2020Not enough comparable past events yet for a historical read.
Not 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.
