Long-Term Contract Behind Massive Increase of Wet Blue Sales to Hong Kong
Recent reports indicate a drop in price ranges for wheat midds in the Kansas City and Minneapolis markets. Market participants voiced the ongoing pressure in the market and stated that the market seems to be close to a possible bottom.
Most CME grain prices were higher on Wednesday. The only grain market with a decrease was March wheat, which dropped by $0.15 and closed at $5.71/bu. March soybeans jumped by $0.0275 and settled at $11.34/bu. Additionally, March...