Bargain hunters see value in low wheat prices

The sharp drop in wheat prices has stopped. In recent days and weeks, the price has fallen so much that bargain hunters are starting to see value in it again. The result was a significant price recovery on the futures markets on Tuesday. March-contracts remained just above the €200 per ton mark on the Paris futures market on Monday. The May-contract even fell to just below € 195 per ton. After Tuesday’s rebound, trading closed more than 2% higher than Monday’s price level. In