Prices for wheat and barley have firmed this week as dry conditions start to permeate conversations in the north, and grower selling in the south remains sluggish.
Soil moisture deficit concerns in Argentina partly explain recent CME 25pc soybean meal price rally, amid problematic crop outlook for the world’s biggest exporter of meal and soyoil.
Wheat market gains overnight. Strong China corn trade sees Brazil ahead of US export: WASDE. Black Sea Grain Corridor détente rumbles as expiry looms. Australian cash bids firm.
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