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Tuesday, December 24, 2024
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Bearish outlook pushes wheat futures to two-month low

Farmers Weekly

UK feed wheat futures fell to a two-month low of £186/t on 15 August for the November contract, after some fairly bearish forecasting from the US Department of Agriculture (USDA) and larger crop estimates in Russia and Ukraine. The USDA’s latest World Agricultural Supply and Demand Estimates report showed reduced global wheat production, lower consumption […]

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