The International Grains Council underlined disappointment at the European Union's cereals output, even as it said that the world wheat harvest would set a record by an even bigger margin than previously thought.
Egypt canceled its zero-tolerance policy for a common type of fungus in wheat imports, promising a return to international standards after three failed tenders.
The premium of futures in hard winter wheat to those in lower-protein soft wheat hit a fresh five-month top, even as US official forecast an "unusually high" spread thanks to quality setbacks in the world harvest.
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About Glencore Grain
Glencore Grain, a subsidiary of Glencore, has been operating in Australia for more than 10 years.
Glencore Grain is one of the largest buyers of wheat, barley, oilseeds, pulses, sorghum and cotton direct from Australian growers, with accumulation offices located across five key growing states; Western Australia, South Australia, Victoria, New South Wales and Queensland. Read More