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A futures close report says markets remain focused on weather. Strategie Grains cut its French soft wheat forecast to 35.6 million tonnes.
Traders are also awaiting USDA quarterly stocks and acreage reports due 30 June.
The report reflects routine price commentary, but it confirms that expectations for French wheat output are falling and supporting wheat values.
2agriculture.comVictoria MillsJun 28, 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.
