Wheat Market Benchmark Price Commentary & Rationale

Germany wheat: APM assessed €1/mt higher at €25/mt

8 Jul 2022

The German 12.5% FOB wheat APM basis assessment for August loading was assessed €1/mt higher at a €25/mt premium to the December Euronext wheat contract, higher due to fresh data received disproving the previous assessment. Buying ideas were seen for October at a €24-25/mt premium to the December Euronext wheat contract, meaning earlier data might be at around same level. No data was excluded.

Already subscribing? Please log in.

 

Related articles