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US wheat prices fell $6 per tonne on the week as the harvest produced higher-than-expected yields. Russia's crop estimate was trimmed to 78 million tonnes, and EU and German harvests are progressing with strong output.
Heavy northern hemisphere harvest pressure and larger-than-expected yields keep export prices under pressure, though weather-related Russian cuts limit the downside.
farming.co.ukJul 22, 2019Not 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.
