European wheat futures hit a 10-day low as the easing of a heatwave, harvest advances.
Ram Gopal Yadav (9 years ago)

European wheat futures hit a 10-day low as the easing of a heatwave in western Europe and a quick start to harvesting in France offset weather worries that had pushed prices to a near one-year high last week. December milling wheat, the most active position on Paris-based Euronext, was down 2.00 euros, or 1.1 percent, at 176.00 euros a tonne at the close, just off an earlier low of 175.50 euros. The European Union crop monitoring service lowered its 2017 yield forecast for EU soft wheat, citing hot, dry weather.

US Wheat falls 2 percent on profit-taking.
Ram Gopal Yadav (9 years ago)

Chicago Board of Trade wheat prices fell about 2 percent, extending their slide to four sessions on profit-taking after a run-up to one-year highs last week. CBOT July wheat was down 8-1/2 cents at $4.51-1/4 per bushel. MGEX July reached $6.75 a bushel.

India maize prices rise on low supply.
Ram Gopal Yadav (9 years ago)

Prices of maize rose in the key wholesale market of Purnea, Bihar, because of a fall in the arrivals. The coarse grain was quoted up 10 rupees from the previous day. Around 500 tonne of maize arrived in Purnea, down from 700 tonne previous close, as recent rains in Bihar have hit transportation. Futures contracts of maize also traded slightly higher tracking the spot market. The most-active July contract of maize on the National Commodity and Derivatives Exchange traded up 0.2% from the previous close.