Market flash Grains

Futures market seeks balance after strong price correction

11 July 2022 - Redactie Boerenbusiness - 1 reaction

The futures markets for wheat in Europe (Matif) and the United States (CME) showed a sharp price correction at the end of last week. We can therefore conclude that the wheat price was too low. It is now a matter of looking for the top and a new balance in the market.

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1 reaction
Subscriber
January 11 July 2022
This is in response to it Boerenbusiness article:
[url = https: // www.boerenbusiness.nl/video/10899504/term market-searches-balance-na-firm-price correction]Terminal market seeks balance after firm price correction[/url]
The wheat price cannot make a straight line to > €0,50 in one go
if we start harvesting later, we still have more than 10 months to be able to sell
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