# Farming News - OSR Wheat and Fertiliser - The Weekly Market Report

> US wheat futures continue to test contract lows after bearish USDA data, with fund managers extending short positions. EU wheat prices eased on slow exports and a weaker dollar, and an Egyptian court reinstated zero tolerance for ergot in wheat imports.

- Date: 2017-11-17 · published 2017-11-17T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/67905-farming-news-osr-wheat-and-fertiliser-the-weekly-market-report
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Continued selling pressure and weak export demand point to lower wheat values for feed buyers, while Egypt's ergot ruling adds import cost uncertainty. The bearish tone suggests limited near-term price support.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- farming.co.uk: https://farming.co.uk/news/-osr-wheat-and-fertiliser---the-weekly-market-report

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