bearish

[Counting Beans 2024/32] Grains Rise on Weak USD But Ample Supplies Limit Gains

237 Views09 Aug 2024 20:06
Grain markets diverge as wheat prices surge on robust demand and European supply concerns, while corn and soybeans face headwinds from ample US production.
What is covered in the Full Insight:
  • Wheat Gains on Strong US Demand, Weak EU Harvests
  • Ample Supplies Pressure Corn Prices
  • Soybeans Rise on Short Covering & Weak Dollar
  • Key Takeaways from Commitment of Traders Report
  • Agri Majors in the News
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