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July 30, 2019

Markets edge lower as Global harvest pressure weighs.

  • Sovecon reduce Russian wheat crop to 73.7mmt, down 2.9mmt on their previous forecast.

  • Russian exports estimate for next season reduced by 6.2mmt to 31.4mmt (July USDA 34.5mmt).

  • Soufflet estimate French...

July 9, 2019

Markets sharply lower on the week as US/EU forecasts moderate.

  • US weekly export sales. Corn (332tmt), Wheat (276tmt), Soybeans (867tmt). Corn sales well below needed levels to reach USDA estimates.

  • US funds estimated net long 178k (corn), 12k (wheat), short -37...

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