German Grain Production To Decline In 2010

The German Agribusiness Report for Q2 2010 says that:

"Grain production in Germany now looks set for a poor year in 2010. Cold, wet weather over the winter will likely see yields of both wheat and barley fall. Low prices in 2009 also contributed to a fall in area. Barley production will be the worst hit. Bumper crops in 2007/08 and 2008/09 have seen stocks rise. Demand for German barley on the export market is weak owing to bumper crops in other major producers. This will see intervention purchases rise owing to the low market price."

Unfortunately if you want a little more flesh on the bones than that then you have to part with GBP330: Achtung!