Grain report: weather market is now increasingly sensitive
Global crop production in 2018 is now increasingly sensitive to weather conditions as dryness appears to bite harder in wheat-producing regions.
Wheat futures prices weaken on correction
Futures prices weakened earlier this week in response to both currency and a US report which indicated increased output estimates for US maize.
International grain markets: US maize prediction drags futures downwards
The news of the increased forecasted US maize yield has put downward pressure on grain futures this week.
Grain trends: prices continue on an upward trend
Grain markets continue to retain their optimistic or bullish sentiment and this is driving prices up, especially on the domestic market.