Mintec to launch German E-Grade Wheat Mintec Benchmark Prices

All Market Notes 03 April 2023

Following a period of market feedback, Mintec has decided to launch a weekly Mintec Benchmark Price (MBP) for German E-Grade (elite) wheat. The assessment will begin publication effective from Friday, 21st April 2023. The initial proposal was communicated in a market note which can be found here.

The full specification for the assessment is as below:

The assessment will reflect the transactable value at 16:00:00 London time.

German E-grade wheat is gaining traction on the grains market as it offers high gluten, high quality and strong disease resistance. Farmers are turning to E-grade type of wheat due to agronomic and market benefits. Thus, the German E-grade wheat assessment will provide an independent reference point for the industry.

Please send any questions or comments about this market note to methodology@mintecglobal.com, and clearly state which market note your comments relate to, and if comments are intended for publication by Mintec.  

Mintec will acknowledge receipt of all comments by email.