Despite a big world grain harvest this year with relatively low prices seen globally, in the EU wheat production has fallen by 10% this year and rapeseed by 9.2%, according to the latest figures published on 9 September by Copa-Cogeca, the farming and agricultural cooperative organisation in the EU.
The figures for wheat could further worsen as harvesting has not yet been completed in all EU countries. Severe cash-flow problems, Copa-Cogeca warns, mean that farmers will not be able to buy...