CRM AgriCommodities Market Review – 11th March 2019
EU wheat futures remained under pressure in the wake of the US markets although the fall was less on this side of the Atlantic amid a weakening of both the Sterling and the euro against the US dollar. Following the sharp sell off in recent weeks which saw rapeseed values in Europe fall nearly €30, support has been found, at least for the time being amid bargain buying and political tensions between Canada and China.