CBoT wheat courses increase on the second day in a row

The prices of the CBoT wheat futures rise this morning for the second day in a row, but estimates of larger stocks limit profits.
Traders in Singapore note this morning that calm global market demand for wheat and smooth delivery processing have so far not given rise to higher prices. In addition, market participants in the United States expect a larger harvest than analysts had previously predicted. Now it depends on how the weather in North America develops.
The USDA revised up its corn, wheat and soybean crop estimate on Thursday before Easter. In France, the wheat fields in the week up to April 6th were rated 62% as good to excellent by the consulting firm FranceAgriMer. Last year it was 83% on this date. In Ukraine, APK-Inform lowered its grain harvest forecast from 75.1 to 72.2 million tons.