ZMP Grains News-Cockpit

ZMP Cockpit – News Summary

Grain cultivation in Germany is declining

The WASDE report only briefly led to more dynamic trading on the grain markets. By the middle of the week, the stock market had calmed down significantly again, which was partly reflected in a sideways movement in the past few days. The May contract on Euronext recorded a loss of 0.75 euros/ton to 194.00 euros/ton. In its latest forecast for grain cultivation area, the German Raiffeisen...
  • Wet growing conditions in parts of Europe
  • Corn harvest weaker in the southern hemisphere
  • Global price pressure
  • Cheap offers from the Black Sea region
  • higher wheat harvest expected in the USA
  • China cautious about exports

ZMP Market Analyses

  • Future grain price levels

    Grain prices back on the path to fundamental-oriented pricing?! In the past 3 years, grain prices worldwide have come under the extraordinary influence of the Covid pandemic and the war in Ukraine, resulting in price explosions of unprecedented proportions. The consequences of this development have diminished over time. After...

  • IGC corrects harvest 2023/24 and estimates harvest 2024/25

    IGC corrects world grain harvest 2023/24 - forecast 2024/25 The International Grain Council (IGC) updated the global supply situation on the grain market for 2023/24 in its latest March issue. Production was cut by 6 million t compared to the previous month and consumption was reduced by 11 million t. Based on...

  • DRV estimates the 2024 harvest to be lower

    DRV: first harvest estimate for 2024 - result below previous years The German Raiffeisen Association (DRV) has based on the Stat. Federal Office of December 22, 2023 made a first harvest estimate for winter crops for 2024. The DRV has partly extrapolated the forecasts of yields per hectare using several years of experience. The...

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