RECENT MARKET DEVELOPMENTS: WHEAT

摘要

Movements in world wheat export prices were mixed during May. Favourable crop prospects continued to weigh on sentiment, especially in the United States, while dollar-denominated export quotations in the EU declined in response to the weakening euro,despite a local upturn in markets. Prices in the Black Sea region wew broadly unchanged, while values in Argetina strenthened as old crop supplies dwindled.