Across all commodities, the drivers are the weather and the prospects for wheat, corn and oilseed harvests later this year. As dry weather continues to dominate the northern hemisphere, new crop markets are gaining support.
Insufficient US Moisture
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Graintab is a trading name of CRM Commodities Ltd (CRM Agri) which delivers independent agricultural commodity market research and advisory services. [www.crmagri.co.uk]
Graintab is a trading name of CRM Commodities Ltd (CRM Agri) which delivers independent agricultural commodity market research and advisory services. [www.crmagri.co.uk]
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- Weekly Oilseed Outlook
Highlights: • Rapeseed - New crop rapeseed outperforms in volatile market • Soybeans - Prices revive, despite rapid US sowings • Crop Watch - Australian and Canadian dryness - Weekly Grain Outlook
Report Highlights: • Wheat - Prices gain, as supply outlook tightens a notch • Corn - EU, export price signals challenge supply complacency • Crop Condition & Weather - Australian and Canadian dryness
