Global agro markets: wheat drops most since August after USDA acreage surprise

15.01.2018

Chicago wheat futures tumbled nearly 3 percent on Friday, notching their biggest daily decline since August, after the U.S. Department of Agriculture showed larger-than-expected U.S. winter wheat plantings.

Corn futures fell to life-of-contract lows, while soyabeans turned higher in a recovery from four-month lows in the wake of the midday USDA...