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Last week Chicago wheat, corn and soybean futures rose while Paris wheat and rapeseed slipped marginally. US winter wheat drought concerns, with about 45% of the area in drought, supported Chicago wheat.
Soybean prices rose on Argentine dryness.
US drought and Argentine dryness tighten expected supplies of wheat, corn and soybeans, supporting US futures. European markets are lagging, so the gap may narrow if US weather risks ease.
farmersjournal.ieFeb 20, 2018Not 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.
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.
