CRM AgriCommodities Market Review – 3rd August 2018
New week, new month and new highs for EU grains with ongoing reductions in the 2018 EU wheat/barley production forecasts whilst a new heat heatwave is set to deteriorate further the already fragile EU maize crop. Recently rapeseed prices have seen strong buying support as EU and global crop conditions will lead to tighter supplies and a less abundant surplus at the end of the 2018/19 marketing season.