Getreide Cockpit, 24.05.2019

(AMI) Strategy Grains analysts have reduced their recent forecast on EU grain harvesting. The triggers are the smaller acreages in Denmark and the Czech Republic as well as the drought in Hungary. However, the recent rains have mitigated the risk of major drought damage and improved the prospect of an average harvest. While the EU crop estimate for common wheat was just under 145 million...

Expert Opinion: 

(AMI) If analysts were still very skeptical about the EU grain harvest until mid-May, recent rains have dispelled much doubt. The forecasts of the various analysis houses are slowly converging, but remain uncertain. But the improvement of vegetation conditions has revived the market, especially...