The CBoT wheat futures prices are also declining this morning from their annual high, which they reached last week, despite the fear that world production will decline.
The market remains nervous, as unfavorable weather conditions prevail in important cultivation and surplus regions.
In the summer wheat regions of the USA and Canada, it is now feared that rain could lead to further loss of profit after a long drought at high heat. There are fewer and fewer offers for high protein wheat with a high supply of wheat in poor quality.
There are also fears that French wheat could yield another year with poor yields and difficult qualities. The harvest suffers from dryness and last week also under a heat wave. 
