
The European Commission cut its 2020/21 EU-27 soft wheat crop forecast to 117.2 million tonnes from 121.5 million, a second straight monthly reduction of over 4 million tonnes. Output would be more than 10% below last year's 130.9 million, with France projected at 30.3 million tonnes, down 12%.
Export projections were also trimmed to 25.0 million tonnes from 26.5 million.
A smaller EU crop and lower export availability tighten world wheat supply and support Euronext and global wheat prices, which feeds into higher wheat costs for feed formulators.
Na 769 eerdere opwaarts rapport-gebeurtenissen bewoog WHEAT zich mediaan +0,2% over 5 sessies (53% hoger; middelste helft -1,4% tot +2,0%), en +0,2% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.