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last release: Nov 2014

Supply & Demand

 

From previous month f'cast

From previous season

Wheat

Maize

Rice

Soybeans

 Easing

 Neutral

 Tightening

While prospects this season point to ample supplies, international prices averaged slightly higher for wheat and maize in October, with markets entering a correction phase after a steep decline registered over the previous months. Soybean prices appreciated only towards the end of the month as adverse weather affected US harvesting and Brazil plantings. Subdued import demand and abundant availabilities continued to drive down rice prices.