Getreide Cockpit, 10.05.2019

There is no sign of the bread market in Germany. Hardly any offer - low demand, this is the best way to characterize the condition. It is even difficult for the fluctuating forward rates to exert an influence on the spot prices. Sales fail especially due to the lack of supply, because producers sell at the current price levels barely, especially since in recent days, the bids for old wheat...

Expert Opinion: 

Despite the rains, the situation in the cereal and rape fields in Germany has not yet eased everywhere, so producers remain very cautious about marketing the 2019 crop. This will not change much in the coming weeks - unless there is an unexpected price jump upwards.