According to Mercantile, the concerns about the protein content of French wheat in the wheat market remainin place, and Balkan wheat hit season highs due to strong demand by both EU and non-EU destinations. In Russia, Mercantile says values continued to rise within ongoing yield and quality concerns in the south, a slow harvest and strongfarmer retention. Mercantile continues to watch theweather/crop conditions, while there have been more quality concerns popping up. Old crop sales should be done, with around 25 per cent N/C sales on the books.

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