15.
03.24
09:11

US wheat exports disappoint

The display boards on Euronext/Matif lit up red yesterday shortly before the weekend. The May contract recorded a loss of 0.75 euros/ton to 194.00 euros/ton. The red signs also prevailed on the Chicago stock exchange. Here the losses were somewhat more noticeable. The front month saw a price decline from $12 US cents/bushel to $532.25 US cents/bushel. The USDA's weak export reports in particular put pressure on prices yesterday. Export bookings from the new and old harvest totaled 160,000 tonnes, which was well below market participants' expectations. One of the reasons given for the disappointing export business is the low buying interest from the Middle Kingdom. In addition, the cheap offers from the Black Sea region put dealers under pressure.

Rückrufservice
Please describe your request so that we can prepare for the callback.
Yes, I have read the Privacy Policy note and I consent that the data provided by me, including the contact data, for the processing of the inquiry and in case of questions are electronically collected and stored. My data will only be used strictly for my request and will not be passed without my consent. This consent can be revoked any time with effect for the future.'
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Register now

Jetzt registrieren und ZMP Live+ 14 Tage kostenlos testen!
  • Dauerhaft kostenfrei
  • Keine Zahlungsinformationen erforderlich