Wheat Market Benchmark Price Commentary & Rationale

Germany wheat: APM rises to €5/mt on higher indications

23 May 2022

The German 12.5% FOB wheat APM basis assessment for July loading was increased to a €5/mt premium to the September Euronext wheat contract, based on trade heard Friday and higher bid/offer discussion Monday. One data point was excluded as it was far below other market indications.

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