Global market information of raw materials: Falling grain prices
게시됨 2022년 12월 6일
Tridge 요약
Current market developments for raw materials are fluctuating, grain prices are falling, causing more relaxation on the grain market, while grain exports are disappointing. In Europe, the focus is on the Black Sea region. With the favorable fall in grain prices, the omens look good.
원본 콘텐츠
In the Netherlands, there is also sufficient soy and the shortage has now come to an end. In Brazil they even have to deal with a top soybean harvest, this has to do with the drought in Argentina and the announced relaxation of the Covid measures in China. Euro stronger again We saw the dollar weaken somewhat against the euro due to the announcement of the FED in the US to slow down the planned interest rate hikes. The price was 1.054 on Friday, December 2. Grain prices falling The grain deal between Ukraine and Russia, which was extended for four months two weeks ago, has eased the grain market again. As a result, concerns about the worldwide availability of grains have been pushed to the background. In the US, it has rained in the winter wheat areas, while in Argentina wheat yields are under pressure due to persistent drought in the north and frost in the south. The harvest has now started and a disappointing harvest is expected with the lowest yields in the past seven years. ...