European wheat rebounds as market seeks clarity on Black Sea safety talks
Bullish strength: 58/100
- Paris December wheat futures recovered 0.9% after falling more than 3% in the previous session.
- Russia is reviewing proposals to improve Black Sea grain transport safety and is in contact with Turkey.
Bearish strength: 42/100
- Russia's deputy foreign minister said he sees no current prospects for reviving the grain deal.
- EU soft wheat exports were up just 1% year on year, while later European wheat contracts were mixed.
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