date:Jul 17, 2014
ng bullish at the moment, a London-based broker said, noting the next support level for November Paris milling wheat was at around 168 euros. Grain prices are expected to weaken further due to favourable growing conditions. Updated weather models look near perfect across the US Corn Belt during the key pollination stage of development.
The supply situation depicted by the USDA in its latest report is even rosier than before, Commerzbank said in a daily note. As a result, US stocks as of the en