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Cereals daily: wheat prices decline

September 16, 2020 9:46 AM, Der AUDITOR
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CHICAGO/PARIS. Market and price trends with first estimates.

Wheat: France's wheat prices are down

On the French spot market, wheat prices declined by EUR 2.00/mt. It was said that higher Canadian and Australian wheat production and a higher expected wheat crop in Russia put pressure on the market. As a result, the weaker crop results in France it is difficult estimate prices here. Yesterday Agreste had again reduced France's wheat crop by 0.2 to 29.5 million mt, a good 10 million mt lower than last year. French mills are therefore stock up their supplies for Q4 of 2020. UK demand for m

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