date:May 10, 2016
advantage of a favorable combination of rising global soy prices and a weak local currency to make record volumes of forward sales for the 2016-17 crop.
Wheat crop prospects in Kansas are well above average as rains last month should more than offset the impact of an earlier drought, scouts on an annual tour said on Thursday.
The good condition of crops in key growing regions such as the U.S. and the EU, and indeed also in Russia, is playing its part in preventing the wheat price from rising m