Futures Close Report: 2nd August 2017
Some reports of sprouting grains in harvested wheat in East Anglia, lending credence to the falling quality of UK Wheat as rain delays the harvest. This continues to increase the supply available for feed wheat usage.
Little other fresh news into the market, and farmers disinterested in selling at some lower prices levels. Looking forward USDA will have their next World S&D report out on 10th August, where trade is looking for some fresh direction.