Wheat harvest yields up, but prices remain under pressure

Global wheat production is on the rise, with improved harvest forecasts in the EU and India. But even as yields climb, prices are under pressure – pressured by shifting inventories and rising demand in key markets. EU harvest outlook improves Last year the European harvest was very poor, with a total yield of just over 122 million tonnes of wheat. In May, the USDA already forecast a much larger harvest in the EU for this season: 136 million tonnes. This has now been adjusted furt