Wheat Prices Under Pressure – Russia Completes Harvest, Exports Remain Strong
Current Prices: Wheat futures on Euronext fell by €0.25, closing at €0.22875/kg. At the CME, December wheat dropped to €0.197/kg.
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Forecast
In the coming week, large export volumes from Russia are expected to continue putting pressure on prices. However, rain in the Southern U.S. Plains and Russian regions could help stabilise the market.Click here to reach our trading platfrom CMBroker