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The IGC reported coarse grain prices moved little and mixed in recent weeks, with maize prices easing about 1% month on month. Gulf fob export quotes fell about 5% to around $161, while Argentina Up River premiums rose sharply on limited farmer selling.
Wide Gulf-to-South America spreads and a record global coarse grain crop point to ample supply and softer feed grain prices, though a weaker local currency in South America is cushioning dollar quotes.
world-grain.comChris LyddonJan 13, 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.
