# EU Grains Closing Report W/e 10 March - 2Agriculture

> EU grains closed mostly lower on the day but mixed over the week ending 10 March 2017. London wheat rose on the week on weaker sterling and tight old-crop supply, while Paris wheat and rapeseed fell. The HGCA reported a 5% drop in English and Welsh wheat area and a 1% fall in winter oilseed rape.

- Date: 2017-03-16 · published 2017-03-16T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/8400-eu-grains-closing-report-w-e-10-march-2agriculture
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tight old-crop UK wheat supply and a weaker pound support London wheat prices, while lower winter plantings point to tighter supply ahead. Paris prices are weighed down by the broader EU market.

## Read by commodity

- CORN: neutral
- WHEAT: neutral

## Sources

- 2agriculture.com: https://www.2agriculture.com/eu-grains-closing-report-10-march/

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