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International grain futures fell last week after a USDA report raised world wheat output by 5.4 Mt, mainly from Black Sea countries, while cutting US wheat and maize output. Low maize prices and a stronger euro are weighing on European spot prices.
Expanding Black Sea wheat supply and weak maize prices add downward pressure on feed grain prices in Europe and the UK.
farmersjournal.ieAndy DoyleAug 16, 2017Not 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.
