Cold weather hits Europe

Europe was hit by a cold snap with serious consequences for agricultural markets.

Eastern and central Europe appear to be most affected by the sudden drop in temperature. In Poland, thermometer readings went down - 27 ° and the Vistula River began to freeze in Warsaw. Some regions of Ukraine have experienced -30 ° and in Romania, Slovakia, Serbia, Czech Republic, Bulgaria, temperatures reached - 20 to - 25 °. In Turkey, snowfall in Istanbul paralyzed the city and its airport.

After a particularly mild early winter, the cold snap will be devastating to crops. Agricultural markets believe that a price increase is expected for wheat and rapeseed crops most affected by the cold.

source : afp