Wheat price rise was short-lived

The price increase for wheat at the end of March was short-lived. After last week’s upward price movement, the EU feed wheat quotation on the Rotterdam grain exchange is falling. For EU feed wheat, April 4 was quoted at €261 per ton (-€8). This means that the quotation is 34% lower than a year earlier. The quotation is still 17% higher than in the same period of the 2020-21 season. Wheat prices are under pressure, partly because there is sufficient old harvest available in Europe. T