Floods in Europe, heatwave in North America send wheat futures soaring.

Gregor Heard
By Gregor Heard
July 21 2021 - 1:00am
Wet weather in Australia pales into insignificance compared to the devastating floods in Germany over the past week.

WHEAT prices on some US futures exchanges made their biggest gains in six years while Europe is frantically assessing the damage to crops from deadly floods that have wreaked havoc in Germany, the Netherlands and Belgium in particular.

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Gregor Heard

Gregor Heard

National Grains Industry Reporter

Gregor Heard is ACM's national grains industry reporter, based in Horsham, Victoria. He has a wealth of knowledge surrounding the cropping sector through his 15 years in the role. Prior to that he was with the Fairfax network as a reporter with Stock & Land. Some of the major issues he has reported on during his time with the company include the deregulation of the export wheat market, the introduction of genetically modified crops and the fight to protect growers better from grain trader insolvencies. Still involved with the family farm he is passionate about rural Australia and its people and hopes to use his role to act as an advocate for those involved in the grain sector.

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