13 July 2021
EU crop conditions fair, so far: Grain market daily
Yesterday, the EU Commission published its latest crop condition bulletin. The report covers the EU crop situation through to 8 March. With the UK likely be a net importer of both wheat and rapeseed next season. As such, conditions in the EU will go a long way to setting UK prices. Conditions in the EU are largely seen as positive, both against last year’s poor crops and against longer-term trends. But, it remains too early to give a true yield indication.