Chinese corn demand continues unabated
The improved weather conditions in the US Midwest as well as in Brazil are taking some of the risk premium out of the market, says UK analysts. Global wheat markets have continued to be under pressure this week. Improving crop prospects across the northern hemisphere are leading to a sustained reversal in US and European wheat markets, said Peter Collier, senior market advisor, A big relief for production fears next season have been rainfall forecasts across key spring wheat regions in the US and Canada, which, until recently, have been exceptionally dry, he told ...