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Wheat News - EU cuts down their estimate for wheat for the third time from 5.89 MT/ ha to 5.76 MT/ ha.
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EU cuts down their estimate for wheat for the third time from 5.89 MT/ ha to 5.76 MT/ ha.

EU cuts down their estimate for wheat for the third time from 5.89 MT/ ha to 5.76 MT/ ha. Latest estimate was below five-yearaverage of 5.84 MT/ ha. First and foremost, reason for this was increased heat waves and drought conditions. France is the largest exporter of wheat and this estimate will probably create concern among its major importers.