Despite some initial easing, global grains and oilseeds values were firm during August, underpinned by continued worries about deteriorating US maize (corn) and soyabeans production prospects as well as shrinking crop expectations in the Black Sea region. Recovering from mid-month declines, the IGC Grains and Oilseeds Index (GOI) showed a net gain of 2% since the last Market Report, but remained below July’s all-time high.
Download the International Grains Council Grain Market Report for August 2012 from the link below (PDF)