Harvest pressure in the wheat market, maize unstable

In particular, the soon to be expected supply of new wheat crops from the Black Sea region means that the brief upturn in wheat prices is now a thing of the past. Corn has become more expensive again, after surprising acreage figures from the US. The grain market experienced a brief, sharp rebound in forward prices last Wednesday, June 30 and Thursday, July 1, following the publication of the United States’ acreage overview for grain and oilseeds. Corn and soy acreage smalled than expected