# EU wheat slips to lowest since April as supply pressure persists

> European wheat futures fell to their lowest since April as US and Black Sea harvest supplies arrived. Russian and Ukrainian wheat offers were near $200 to $220 a ton FOB, while French production is expected to drop to one of its lowest levels in decades.

- Date: 2024-07-15 · published 2024-07-15T12:00:00.000Z
- Category: market · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/9373-eu-wheat-slips-to-lowest-since-april-as-supply-pressure-persists
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Cheap Black Sea wheat offers and expanding harvest supply keep export prices under pressure, with the French crop shortfall a partial offset.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: neutral

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/eu-wheat-slips-to-lowest-since-april-as-supply-pressure-persists/

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