Swedish Wheat Crop May Fall 40% This Year Due To Heatwave
Sweden's wheat harvest could fall by more than 40 percent on the year, hit by dryness and a heatwave, the head of the grain unit of giant Swedish farm cooperative Lantmannen has said, joining other producers around the world roiled by adverse weather.
It is the latest in a series of indications that a lack of rain and extreme heat have damaged crops in countries such as France, Germany and the Baltics.
As a result benchmark milling wheat on Paris-based Euronext hit a three-year high at 207 euros a tonne last Thursday.
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