Wheat prices on Euronext bounced back after a recent drop, supported by increased international demand and Moroccan interest in French wheat. The impact of a severe storm in Russia on loading rates is being closely monitored, but the market remains under pressure due to Russia's large harvest this year. Corn prices continue to decline as it struggles to compete with other grains.
Limitación de responsabilidad: el resumen anterior ha sido generado por un modelo de lenguaje de gran tamaño (LLM, por sus siglas en inglés) de última generación y está pensado para utilizarse únicamente con fines informativos. Se recomienda que consulte el artículo original para obtener información precisa y contextualizada.
The consequences of the violent storm that hit Russia on the country's loading rates are also being closely observed. The market, however, remains under pressure from the country's massive harvest recorded this year. Corn, in search of competitiveness, remains locked in a negative trend. Shortly before 2:00 p.m., Euronext wheat due March 2024 appreciated by €1.50/t, to €224.25/t, while the December 2023 contract ...