The courses of the CBoT Weizenfutures rise again since yesterday, because in the U.S. Plains Regenangekündigt, which could possibly damage the maturing winter wheat.
Rain showers are in the southwestern corn belt U.S. Plains only delay the previously good harvesting conditions but in the South-East, it is too wet for the harvest.
Institutional investors covering their short positions now, and so the wheat price recovered a little. There are signs that the harvest volume is smaller and the quality is deteriorating, brokers in the far East this morning my.
Earlier this week, the USDA had 62% of U.S. classified durum wheat stocks still as good to excellent. Last year, there were only 45% to this appointment.
From the Ukraine 40 million tons of grain are exported in this marketing period, a new record, so the assessment of the local grain trade association. The amount of corn exports consists of record 15.6 million tons of wheat exports and 19.5%.
