Wheat price divergence: US down, Europe up in mid-October
Published 14 h ago1 sourceEvidence: Reported
Soybean futures fell 3.62% over eight sessions to US$457.55/tonne, the lowest since August, while wheat hit a 14-week low, pressured by the advancing U.S. harvest. Prices remain above July levels, suggesting a seasonal supply-driven decline rather than a demand collapse. The move signals continued downward pressure on grain prices as harvest supply enters the market.
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Published 14 h ago1 sourceEvidence: Reported
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