Wheat and corn markets are slowing down due to the New Year holidays.

Last Friday, December 26, prices for US wheat returned to a decline due to a lack of local support factors, as well as an oversupply from competitors in the Southern Hemisphere, reports "ProAgro Group". In particular, the March wheat futures on the SWOТ fell by $1 and traded at $190.7/ton. In Paris, on EURONEXT, the value of the similar futures did not change and stood at $223.9/ton. According to Barva Invest, the activity in the Ukrainian wheat market continues to slow down due to the holiday period and local problems. The market remains passive on both the supply and demand sides. For grain with a protein content of 11.5% in deep-water ports, offers are 208-213 $/ton DAP. Corn quotes at the end of last week in Chicago did not undergo significant changes. Limited trading activity and the absence of new support factors contributed to a restrained decrease in prices. The March grain futures on SWOТ lost $0.4 in price and stabilized at $177.2/ton. On EURONEXT, the value of the March ...