# Another week of falling grain prices -  Premium

> 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.

- Date: 2017-08-16 · published 2017-08-16T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/69518-another-week-of-falling-grain-prices-premium
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Expanding Black Sea wheat supply and weak maize prices add downward pressure on feed grain prices in Europe and the UK.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Sources

- farmersjournal.ie: https://www.farmersjournal.ie/tillage/markets/another-week-of-falling-grain-prices-301302

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