European Grain Markets
- Despite a rising euro benefiting from Fed comments about delaying US rate hikes, grain markets in Paris report a positive daily close
- After a two-month slump, wheat and corn markets are at critical support from which, in addition to a fall, an appreciation is quite possible to follow
- With a decent recovery on the last day of November, the rapeseed market is also doing its best to avoid a further slump
American Grain Markets
- Mixed movements in Chicago grain markets, with wheat rising substantially on the last day of an extremely weak November
- The corn market closes November weak, as is its performance for the period. The soybean market, on the other hand, closes firm, both for the day and the month
Black Sea Grain Markets
- A significant part of the weakness in international grain exchanges continues to be the cheap supply of all types of grains and oilseeds and products from Ukraine and Russia
- The above was confirmed yesterday by the latest Turkish wheat auction, which saw ranked bids from Ukraine well below $300 on a FOB basis
Import/Export Statistics
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