Global agro markets: wheat prices drop to 1-month low on stronger-than-expected U.S. planting

17.01.2018

Chicago wheat futures slid for a third consecutive session on Tuesday to their lowest in nearly a month, pressured by stronger-than-expected U.S. winter planting.

Soyabean prices climbed to a one-week high, buoyed by a U.S. Department of Agriculture estimate of lower production, while corn ticked higher.

The most-active wheat contract on the...