Grain boosts resilience in food and energy

The USDA's WASDE report had a particularly notable impact on the maize market. Wheat found some support from lower US yield expectations, although larger global stocks weighed on sentiment in the futures market. In Germany, wheat conditions are slightly better than a month ago, according to the latest figures from the DRV. The German Association of Cooperatives is placing a strong focus on developing new export markets and strengthening the role of grain in the energy sector. Read more about the impact of the WASDE report on grain markets.