Lower earnings prospects in the State of Kansas, short-covering by fund companies, as well as prospects for cooler temperatures in the U.S. wheat - growing area had good premiums include wheat prices in Chicago on Friday. Upon completion of the annual Kansas crop tour, crop Scouts estimate the earnings prospects in the State of Kansas to 35.9 bushels per acre. The 5-year average of 40.3 bushels per acres. Institutional investors reduced their holdings of net short positions to 4,000 contracts.
The electronic exchange of the night is today morning somewhat weaker.
On Euronext Paris, the Weizenfutures of the new harvest followed the good requirements from overseas and prices grew moderately. Course support was also the weaker euro to the U.S. dollar. The now discontinued may date had to accept but again significant discounts.
