In Paris, wheat futures were unimpressed by the weakening US market and continued to rise. The expiring May contract recorded a plus of EUR 3.00/ton to EUR 418.25/ton. On the local cash markets, producers are hesitant to negotiate about the coming harvest. Old-crop goods are hardly traded at the moment. Depending on the region, the price gap is between 400 and 420 euros per ton. According to initial forecasts, the field crops appear to be in good condition. Above all, the rain of the past few days has done the plants good. Profit-taking and technical selling resulted in modest losses on the CBoT. Concerns about the current unfavorable weather conditions also provided no bullish impetus in yesterday's trading
