Chicago wheat fell 28.5 usc/bu to settle… | Report
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Report by Lachstock Consulting.
Chicago wheat fell 28.5 usc/bu to settle , Kansas fell 28.25usc/bu and Minni dropped22.25usc/bu. Matif fell EUR$8.25 while the Black Sea contract fell USD$3.50/mt. Cornwas unchanged while beans added 28usc/bu. Meal ripped USD$12/st higher. Beanoilfell 1.20usc/lb, Matif canola dropped EUR$6.25/mt and Winnipeg canola droppedCAD$21/mt. The Dow dropped 236 points, crude eased 0.77/bbl to settle at 109.12/bbland the AUD went home at 0.7044
Global Highlights
Nothing cures high prices like high prices. Like a toddler, markets listen to whatthey want to listen to. The increases in Russian production and comfort thistonnage finds its way to the export market unencumbered have pressured flatprice
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Lachstock Consulting was founded in 2007 in Australia and specialized in the grain market. Using accurate research & market analysis, they produce grain market reports that aim to reduce your costs and increase profitability.
