London WHeat HIghest Since Jan Ahead Of USDA Report

Posted by Nogger - a legend in his own mind at 08:45 | Categorized as

09/06/16 -- EU grains mostly a touch lower, but still close to multiple monthly highs.

Front month Jul 16 London wheat closed up GBP0.55/tonne at GBP111.50/tonne, Sep 16 Paris wheat was EUR0.75/tonne higher at EUR171.00/tonne, Aug corn closed EUR0.50/tonne lower at EUR186.50/tonne and Aug 16 Paris rapeseed closed EUR1.75/tonne firmer at EUR382.25/tonne.

Jul 16 London wheat closed at he best level since January.

Tade eyes are now on tomorrow;s +USDA WADSE reports, and will be looking to see if, amongst other things, recent dryness concerns in parts of Europe are picked up upon.