German Wheat Harvest May Disappoint After All

In a surprise announcement the German Agriculture Minister said Wednesday that this season's wheat harvest may fall short of last year's output, coming in at 24.8 MMT.

Estimates for this year's production have been steadily rising from the likes of Strategie Grains, Toepfer and the association of German farm cooperatives (DRV) to around the 26 MMT mark.

It would seem that constant disruptions by rain to the harvest during late July and August have caused some quality and yield problems after all.