Market Update week no. 16

April 25th, 2016 - A considerable short covering rally, especially on the Chicago wheat future market, was finally followed by a correction end of last week. Fundamentally the world grain situation remains same with multi year high stocks and ample supply. With no backup from the farmers and a non-liquid malting barley market, however, one should stay cautious.

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The above information is for general purposes only. Any reliance you place on the given information is therefore strictly at your own risk.