Grain stocks stall price recovery

By Malcolm Bartholomaeus, Bartholomaeus Consulting
January 23 2018 - 6:00am
Smart Marketing | Grain stocks stall price recovery
Smart Marketing | Grain stocks stall price recovery

Following the bearish US Department of Agriculture reports earlier in the month, Chicago Board of Trade wheat futures have settled into a lower trading range. Having bottomed out just above US413 cents a bushel, March futures failed to go above US427.25c/bu at the end of last week. That left the March contract trading at around the lower end of the early January trading range.

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