# Wheat market manages to limit large losses - Inside Granen | Boerenbusiness. Nl

> Euronext-Matif wheat closed slightly higher at €218 per tonne on Friday but was €7 below its May 14 peak. Cold and dry weather cut about 500,000 tonnes from France's wheat yield, while Germany and Romania look good. Sovecon raised its Russian wheat forecast to 81.7 million tonnes.

- Date: 2021-05-17 · published 2021-05-17T12:00:00.000Z
- Category: market · region EU · magnitude low
- Page: https://feedsoft.ai/events/47029-wheat-market-manages-to-limit-large-losses-inside-granen-boerenbusiness-nl
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A higher Russian crop estimate and a larger EU harvest outlook add pressure on wheat prices, though French weather losses and strong demand limit the downside.

## Read by commodity

- WHEAT: bearish ▼

## Sources

- en.boerenbusiness.nl: https://en.boerenbusiness.nl/granen-grondstof/artikel/10892291/tarwemarkt-weet-grote-verliezen-te-beperken

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.