United Kingdom

UK Wheat Prices Ease on Quality Fears, Harvest Slow
Reuters, July 27, 2000

British wheat drifted lower as rain increased fears that much of the crop may be of only feed quality, and traders were keeping their eyes on the weather which was likely to cause further delays in harvesting. Whitlock said the weather continued to cause concern over wheat, the development of which was two to three weeks behind. New fungicidal chemicals were being used on about 70 percent of the area. He said the moist weather also increased the likelihood of diseases, and there were already indications of some damage. One trader said that there were also indications of disappointing yield and quality for winter barley, but it was too early to give an accurate overall picture.