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→ IKAR in Mass Media → #2973 IKAR in Mass MediaCrop Prices Steady To Weaker Ahead Of Key Reports Next Week01 апреля 2021 года Russian Wheat Crop Higher
FBN’s Take On What It Means For The Farmer: Overall, Northern Hemisphere wheat production conditions have been favorable this month, and this is being reflected by reduced risk premium in the market. However much of the price move appears to be related to the Russian export tax plan that makes it difficult for exporters to make future sales. Unfortunately the US has not benefited from the expected decrease as futures have followed world prices lower. IGC Forecasts Grain Balance
FBN’s Take On What It Means For The Farmer: Record production is expected to be met with record consumption, which leaves little room for problems through the growing season. Stocks of corn and especially soybeans may remain fairly tight, which will continue to support higher prices. Source: agweb.com | #grain | Comments: 0 Views: 4
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