May -2022 DRV estimates harvest 2022 lower - no rain

DRV: 3rd grain harvest estimate for 2022 at 42.9 million t - no rain! In its 3rd harvest estimate, the German Raiffeisen Association (DRV) reduced German grain production in 2022 to 42.9 million tons compared to the previous month. The result is only around +1.7% above the previous year or +0.65% above the 5-year average. With the acreage...