| The European market has proven more resilient to price declines for commodities than the global market. The latest report from the European Commission makes for grim reading, with prices for all major commodities, including grains, meat and dairy, suffering big drops in price over the last 12 months.
However, while the data shows significant declines for most commodities on the global market, European prices are still down, but have been more insulated. Grains: For 2015, the world market price of all cereal grains in December was down significantly year-on-year. Soft wheat prices were back almost 27%, while maize and barley prices took a hit of 8% and 17% respectively...............................................Full Article: Source
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