Grain News, October 16, 2020

At the Matif in Paris, the wheat futures were able to join the bullish trend after the inconsistent price development at the beginning of the week and ended the last two trading days with profits. In France, the Ministry of Agriculture expects a wheat harvest of 29.2 million tons. This means that the forecast is again well below expectations and approx. 26% below the previous year's volume....
Expert Opinion: 

The wheat prices were able to recover quickly from the initial losses and were thus able to continue their upward trend. The lower harvest in France in particular supported prices in Paris. In addition, the persistent drought is creating a bullish mood. However, the rainfalls reported for...