In Europe, the European Commission’s Mars bureau forecast this year’s EU soft wheat yield at an above-average 6t/hectare, while in the US, rains in the southern Plains have boosted expectations of a recovery in the drought- pressed hard red winter wheat crop.
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Graintab is a trading name of CRM Commodities Ltd (CRM Agri) which delivers independent agricultural commodity market research and advisory services. [www.crmagri.co.uk]
Graintab is a trading name of CRM Commodities Ltd (CRM Agri) which delivers independent agricultural commodity market research and advisory services. [www.crmagri.co.uk]
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- Agricultural Economic Outlook – October 2024
• Trump victory initially weighs on grain markets • US dollar continues to surge • Oil price risk premium provides support - Weekly Oilseed Outlook
Highlights: • Rapeseed - Prices extend rally, but headwinds mount • Soybeans - Strong demand for US soybeans—for now, at least • Crop Watch - Weather helps French, South American sowings
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- Wheat rises on escalating geo-political tensions November 21, 2024