CS Agriculture Europe August 2013 |
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Alongside wheat prices on Liffe in Paris, we will include Liffe quotations for corn and rapeseed in our forecast tables – and we have taken this opportunity to analyse these European markets in more detail in a publication. It is evident that the links between European prices and international benchmark prices vary from product to product. Whilst the correlation is usually very close in wheat, this applies only to some extent to corn and rapeseed. US prices cannot be transplanted to Europe one to one as either the products – soybeans instead of rapeseed – or the product qualities – e.g. genetically modified corn – differ.
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