Lowered production and area forecasts for wheat and maize are driving grain prices. Pressure on Russian wheat exports is also an important factor for the price increase of wheat. Within the last 2 weeks in Paris, the price of the wheat futures contract for March 2021 rose by more than € 15. In the previous week alone, the increase was almost 7%.
Chicago also saw a sharp price increase for wheat in the past week, while in the short period before that, the brakes were slightly off. Apparentl
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