Wheat milling recovery stagnates
29 de Junio de 2021
Cereal milling during May shows a fall of 7.5% compared to the same month of the previous crop. Besides, milling sector buyings to date are the lowest in six years.
Cereal milling during May shows a fall of 7.5% compared to the same month of the previous crop. Besides, milling sector buyings to date are the lowest in six years.
Changes in US monetary policy prompted the exit of major investment funds from commodity markets, and Chicago prices lost in a month all of 2021 profits.
The productive blow of the current crop season leaves exports to date at its lowest level in 5 years. At the same time, 2021/22 planting moves on with favorable agro-climatic conditions.
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