# Grain prices under pressure in mixed harvest news - Farmers Weekly

> Grain prices weakened in the week to August 7 as the November 2020 London feed wheat contract fell about £2.60/t. France cut its soft wheat crop forecast by 1.6m tonnes to 29.7m tonnes, while Russian wheat harvest results beat expectations. A sinking US dollar and improving US yield outlook made maize more competitive.

- Date: 2020-08-07 · published 2020-08-07T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/51690-grain-prices-under-pressure-in-mixed-harvest-news-farmers-weekly
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Competitive Russian wheat and cheaper maize offset the European crop cuts, so feed grain values face pressure. Buyers may find cheaper alternatives in the near term.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Sources

- fwi.co.uk: https://www.fwi.co.uk/business/markets-and-trends/grain-prices-under-pressure-in-mixed-harvest-news

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