Wheat Exports Falls Off After Recent Strong Weeks
Excess rain affects yields. France's wheat production may plummet by over 15% to a four-year low.
France's soft wheat production is expected to fall to the lowest level since 2020.
France Sees Wheat Harvest Plunging to 4-Year Low on Heavy Rains
Hurricane Belle brings rain, futures for corn and soybeans fall to near four-year lows.
Due to the tropical storm "Belier" expected to bring rain to the central and western regions of the USA, it may help increase production during the critical period of crop growth, and grain prices have fallen to the lowest level since the epidemic.
Chicago SRW wheat prices continue to weaken while sentiment for soybean and corn is bullish.
Weekly overview. This week, the price of hard red winter wheat (HRW) continued to decline due to the improved crop outlook for wheat.
U.S. Corn Export Sales Fall Below Forecasts