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Rain in Europe this week brought relief to dry wheat belts, though analysts said more moisture is needed to stop the harvest shrinking further. The European Commission had cut its EU common wheat forecast to 121.5 million tonnes, and traders expect a French soft wheat crop of 32-33 million tonnes versus 39.5 million last year.
Germany's rain was also welcome, though it needs more in the east.
Rain stabilizes the EU crop outlook, easing some of the upward price pressure from a smaller harvest, but a much smaller crop remains supportive for wheat.
brecorder.com08.06.2020Nach 224 vergangenen Ereignisse (neutral, Wetter) bewegte sich Weizen (SRW) im Median über 5 Handelstage um -0,1 % (46% höher; mittlere Hälfte -1,4 % bis +1,5 %) und über 20 Handelstage um +0,4 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
