Cereals news, 22.05.2020

Drought, drought worries and here and there a precipitation: The grain markets are currently particularly impressed by the weather forecast - so far as it is not unusual for this time of year. There is occasional precipitation in Europe, but this does not mean that the fields are sustainably supplied with water. The drought monitor of the UFZ Helmholtz Center for Environmental Research already...

Expert Opinion: 

The drought is driving up prices. But from a purely fundamental point of view, a price rally should remain unlikely. From today's perspective, the global supply situation is too good for that.