Looming wheat glut leaves US, EU speculators on lower end

15.05.2020

U.S. wheat futures fell to a near two-month low on Thursday, weighed down by plentiful global stockpiles as coronavirus-induced lockdowns led to lower demand for the grain.

Corn edged lower, extending losses into a second session, while soybeans fell for a third straight day.

The most-active wheat futures on the Chicago Board...