Germany wheat: APM dips to €3/mt premium to September Euronext

The German 12.5% FOB wheat APM basis assessment for July loading was lowered to a €3/mt premium to the September Euronext wheat contract, based on offers of €10/mt over the December Euronext contract versus buyers at €8-9/mt, which equated to €3/mt and €1-2/mt respectively when factoring in the inverse structure of the market. No data was excluded.