Strategie Grains cuts EU wheat export forecast on sluggish demand

Capt. John

Consultancy Strategie Grains on Thursday cut its monthly forecast for European Union soft wheat exports this season by nearly 2 million tonnes, citing slowing demand after the blockade of Ukrainian grain exports drove prices higher. The French firm expects the 27-member bloc to export 28.0 million tonnes of soft wheat during the 2021/22 season ending …

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Author: Capt....

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