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A GrainsWest column notes that winter is typically a lull in grain news, with the previous crop fully priced and the next cycle not yet in focus. It states that 2016 saw record world production of most major crops, including wheat, oilseeds and coarse grains.
Record 2016 world output leaves few markets tight, which keeps the price outlook for grains subdued. The piece is general commentary and does not describe a new supply or demand event.
grainswest.comtommy wilsonJan 3, 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.
