EU wheat pares gains after report of Black Sea truce offer
WEAT•Germany's 2026 wheat crop outlook
In Germany, farm cooperatives association DRV forecast that the country's wheat production in 2026 will fall 11.2% from last year to 20.55 million tons, reducing its outlook after heatwaves this summer.
Although quality varied regionally, the association said protein content was generally good.
($1 = 0.8674 euros)
Wheat futures ease after Black Sea truce report
PARIS, Aug 13 (Reuters) - Euronext wheat pared gains in choppy trading on Thursday to come off a two-week high as a Reuters report that Kyiv had proposed a truce in attacks on civilian targets in the Black Sea tempered concerns about disruption to massive Russian and Ukrainian wheat exports, traders said.
December wheat BL2Z6, the most active position on Euronext, settled down 0.1% at €232.75 ($268.34) a metric ton, after touching its highest since July 30 at €237.25.
