# High stocks and production will limit grain price rises - Farmers Weekly

> Cofco International UK's Stuart Shiells says the overwhelming global grain supply will keep prices capped despite political upheaval and localised weather events. He notes record fund short positions and says a significant drought in Europe or US weather damage would be needed to change that. Dry conditions in the UK, Spain, France and North Africa are being watched, while US planting is delayed by rain.

- Date: 2017-04-27 · published 2017-04-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/71534-high-stocks-and-production-will-limit-grain-price-rises-farmers-weekly
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Burdensome world stocks and heavy fund shorts limit the upside for corn and wheat, so feed buyers should not expect a sustained price rally without a major weather event.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- fwi.co.uk: https://www.fwi.co.uk/business/markets-and-trends/crop-prices/big-picture-grain-high-stocks-production

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