CRM Agri Daily Market Wrap

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CRM Agri Daily Market Wrap

A quick, concise and relevant grain market update:

USDA bullish soybeans, bearish wheat

Cereals Today’s April USDA WASDE report was deemed bearish by the trade for wheat as the US agency  estimate for 2017/18 global wheat stock was +3MMT above the trade estimate at 271.2MMT. Corn…

April 10, 2018

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Difficult start to the month for EU grains

Cereals February started on a negative note for EU grains with LIFFE feed wheat breaking through its technical support of £138/T on the May-18 contract whilst matif wheat was once again eyeing its co…

February 1, 2018

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Wh(e)at goes up must come down

Cereals After hitting its highest since the end of October and posting an 8.3% rally in 5 sessions, CBOT wheat was in corrective mode today amid profit-taking and ideas that highly beneficial rains co…

January 31, 2018

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