Prospects are good for European wheat growers. The wheat price is currently under pressure because there is plenty of harvesting going on. Photo: Henk Riswick
Europe is harvesting less wheat. Analysts at Rabo Research and Agritel therefore expect a price increase. It remains to be seen how much wheat will be harvested in the southern hemisphere later this year. The wheat price will rise in the European Union later this year. Production is so disappointing that there is little left to export. This will lead to price increases, Rabobank writes in an analysis of the world markets for agricultural commodities.
Good prospects for wheat growers
Prospects
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