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Grains and oilseeds: rain is an issue

May 23, 2025 at 10:47 AM , Der AUDITOR
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BRUSSELS. Wheat export prices have declined sharply. The same should happen for corn. Leading associations have issued new estimates for soy. Canola and rapeseed need rain.

Sharp decline in wheat export quotations

Recently the weather rally has lost its momentum. Rain is urgently required in Northern Europe, if rain falls soon the plants could recover in time, if not the market will need to prepare for lower yields. In Russia, SovEcon has raised the production estimate for wheat by 1.3 million mt to 81 million mt. Yet, this is still lower than last year’s 82.6 million mt. In the Chinese province of Henan, where 27% of the country’s wheat are grown, the situation will turn worse as high temperatures and heavy winds have been

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