Futures Close Report 09/12/21
Wheat – higher than anticipated global production 21/ 22 (777.89mt from previous 775.28mt) resulted in increase in end stocks to 278.18mt up 2.38mt from previous. Due to improved production outlooks in Aus / Russia / Canada.
Corn ending stocks where increased slightly with larger crops seen in Ukraine and the EU. Soybean availability seen slightly lower.