European grain markets: Little wheat, low prices

Dutch farmers are harvesting even less wheat than expected. Agrifirm and CZAV reported yields of 7.5 to 8 tons per hectare on July 31. However, quotations on stock exchanges and futures markets did not increase. And prices remain low. On July 22, yields were reported of 7 to 9 tons of wheat per hectare following the first harvest results in the Netherlands. CZAV assumed an average of 8 tons, 1.5 tons less than last year. On July 31, more than a week later, it reported that a quarter of the Du