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March 4, 2019

CRM AgriCommodities Market Review – 4th March 2019

Global wheat futures prices have continued to decline due to sluggish exports on both side of the Atlantic with aggressive sales from Russia early in the campaign. Having tumbled over £20/T in the past two weeks (Del. Erith March 2019 = £306/T), OSR has had the chair pulled out from under it despite old crop stocks remaining tight and new crop still at high risk should production issues occur over a significantly reduced area.

Click here to read this week’s Market Review report.

March 4, 2019