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Irish grain market commentary says harvest selling pressure is easing and native sentiment is slightly firmer, though physical trade is thin. Paris and Chicago wheat futures slipped, and a recent FAO forecast of a record 2017/18 crop weighed on prices.
A record global crop forecast and large Black Sea export potential keep wheat values under pressure. Feed buyers in the EU can expect limited upside until physical demand picks up.
farmersjournal.ieAndy DoyleSep 13, 2017Not 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.
