Futures market makes historic move

Harvesting is going well in Belgium and France. The harvest is expected to be as good as finished by the end of next week. Things are also going well in the south of the Netherlands. We receive other reports from the clay areas. The harvest has also resumed there, but harvesting is very difficult. 

There are many reports of rot and the soil will not sift well. In the Netherlands, the harvest will be 70% to 80% at the end of next week. In Germany we hear similar sounds.

Notification of higher yields
The market's further downward movement is mainly due to reports of higher yields than expected. In addition, there is no interest from the buyer side in purchasing free lots. The market is completely at a standstill and the only thing left for growers to look for buyers is the alternative circuit or renting storage.

The futures market is once again making a classic move. Over the past 15 years, the futures market has shown predictable behavior by always falling to €10 when it falls through the €6 limit. The futures market has also shown this movement this year.