CBoT-Weizenfutures with best weekly performance since 2012 prospect

If the courses of the CBoT Weizenfutures in turn ended trading today with higher prices, comes this week on the highest rise in price since the mid-2012 - see chart. So far the courses have grown since Monday by almost 9%, the best performance since last November. When the crop in the Southern Plains of the United States starts, we know more about potential losses and loss of quality. This morning, the wheat futures in Chicago record with red sign.
The supervisory and off is justified with the nervousness of the market participants about the quality of the crop. Looking at global supply situation, the wheat rally appears this week as excessive, especially since the overall excess supply can be expected a low price level - regardless of how it looks in the United States.
A Reuters survey before the monthly USDA report on June 10 we can expect that the USDA will raise its crop estimate for 2015/16 of the United States grain production. The courses of the CBoT Sojabohnenfutures as well as the Maisfutures move in recent days analog to the wheat prices.

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