Reuters – Euronext falls back to two-month low as supply pressure lingers Reuters quotes CRM Agri’s assessment of the northern hemisphere’s early harvest results. “For wheat, an expanding northern hemisphere harvest is bringing an influx of supplies and promising US yield results, while estimates for Russia’s drought-reduced wheat crop have stabilised,” consultancy CRM Agri said. Bloomberg – Russian wheat gets cheaper than rivals as weather aids harvestCRM Agri quoted on the “record June for Russia’s wheat exports”, even as early harvest is bringing in fresh supplies. Dry Bulk Magazine – USDA crop updates buck predictions Reports on CRM Agri’s assessment of the impact on markets of the USDA’s end-of-June Acreage report on US crop sowings. |
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