EU grains saw a quiet week reflecting interest turning towards the new crop.
German prices were largely unchanged given a quiet week generally. Sales of intervention wheat to France and Denmark helped to support prices.
Old-crop feed grains have largely been absorbed into intervention excepting barley where higher stocks on-farm exerted price pressure on other feed grains.
Favourable weather in Germany is helping the development of the new crop. In some regions, however, with heavier rainfall, part of the crop suffered from increased lodging, the prospects of which for harvesting remain uncertain over the coming weeks.
Taken from HGCA weekly MI Bulletin|
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