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Grain prices are under pressure again

17-08-2022 | |
Photo: Canva
Photo: Canva
The harvest forecasts in a new grain report from the US Department of Agriculture USDA already pushed wheat prices down slightly on Friday. On Monday, the effects of more favourable weather forecasts in the United States came on top of that. At the start of trading on Monday in Chicago, wheat prices of the most traded contracts (September and December) fell more than 2%. This means that the weather forecasts currently have a greater influence on the wheat price than the results of the monthly


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Redacteur 1

Marieke
Ploegmakers

Redacteur 2

Matthew
Wedzerai

Redacteur 3

Treena
Hein

Ramaker
John Ramaker Commodities market editor, Boerderij