Getreide Cockpit, 17.01.2020

If the wheat trade in Chicago and Paris started with profits this week, the grain surrendered the profits on both sides of the Atlantic. Profit-taking and technical sales also contributed to this. CBoT wheat headed for a new high over the course of the week, attracting more speculators to the stock exchange. The prospects for European wheat look good. FranceAgriMer again raised its forecast...

Expert Opinion: 

The wheat supply is good worldwide, but high inventories are hardly a burden at the moment, because the demand is just as high. The concrete design and implementation of the phase 1 deal will also be exciting for wheat, corn and barley.