Grains - Grain Products

Cereals daily: Russia's cold snap in focus

February 25, 2021 10:49 AM, Der AUDITOR
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CHICAGO/PARIS. Market and price trends with first trade assessments. The wheat and corn markets are showing signs of recovery. Russia's cold spell is the focus of the grain markets.

Wheat: domestic demand picks up

Wheat prices continue their upwards trend. On the physical market, milling wheat rises to EUR 237/mt EXW Rhineland mills, the spread of EUR 30/mt to the new crop remains. The trade reports more buying interest from mills and mixed feed producers. At the same time, the supply remains limited because producers are holding back on residual quantities and want to wait for the outcome of the cold spell in southern Russia and eastern Ukraine. In Russia, after frosts of -7 to -27 °C are prevailing in the wheat pr

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