Milling Wheat The sentiment in the trade is more and more bearish, as the harvest is already starting in the Southern parts of the EU, Ukraine and Russia, and the crops are looking generally in good condition. The market is slowly eroding, as there are not many buyers around. Despite the bearish mood, exporters are cautious in building large short positions. The farmer selling pace in the coming weeks and months will determine how low the prices need to go to find the adequate level of demand. Obviously, the farmers don't like the current trend and they might try to keep their production for a few months before selling it. In case the projected good yields are materialized, the current price levels are still well above the production cos...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, Europe