미국 곡물 및 시리얼 인사이트

Chicago wheat futures fell to a 10-week low on Wednesday after the U.S. dollar surged to its strongest level in more than six months while corn and soybean prices were little changed. The most-active wheat contract on the Chicago Board of Trade Wv1 was down 0.6% at $5.49 a bushel at 1151 GMT after falling to $5.45-1/4, lowest since Sept. 3. The dollar DXY scaled a 6-1/2-month high against a basket of currencies, making greenback-priced U.S. crops less attractive to overseas buyers holding other currencies.  Wheat has trended lower in the recent weeks as rain eased dry conditions in the U.S., the Black Sea and Argentina, where harvest is getting underway. Meanwhile, dry weather improved the sowing conditions in waterlogged Western Europe. Prices are nearing July’s four-year low of $5.14-1/2 but dealers said the scope for further losses appeared limited.

Thursday (14) begins with corn futures prices operating in the positive field on the Brazilian Stock Exchange (B3).

The United States, Argentina, Australia, Canada and Ukraine submitted a counter-notification to the World Trade Organization (WTO) on India’s domestic support, input subsidies and market support prices for wheat and rice. This is the latest in a series of US counter-notifications showing India is not transparent about the true level of wheat and rice support