With light tees, wheat prices closed their trading in Chicago yesterday. Despite the bärischen USDA reports of rising stocks of end the courses could keep but quite good. The weak U.S. dollar to the euro, as well as the fact that fund companies already hold a massive number of short position, support the market. The US Weizenendbestände 2015/2016 were estimated at 793 Mio.Bushel. In advance, analysts expected an increase to an average 750 Mio.Bushel. The estimate of the global Weizenendbestände 2015/2016 was 203.3 Mio.Tonnen (average expectation: 193,53 Mio.to). Institutional investors kept their holdings of net short positions on virtually the same level. Tunisia's State grain Agency has announced an international tender for the purchase of up to 168,000 tons of soft wheat and 168,000 tons of optional origin durum. At the time, the electronic exchange of the night is slightly firmer. The Weizenfutures on the Euronext in Paris could elude the negative preliminary from overseas and the courses closed unchanged to minimal fixed.
