CBoT wheat prices weakened after four trading days with price increases

After four trading days with firmer courses, morning the wheat futures on the CBoT today device under pressure. Previously short positions were closed out of funds after the demand for U.S. wheat was very good; they did the stock prices soaring.
The export business, with U.S. wheat developed last well and there are some problems with drought in the U.S. Plains, where winter wheat is grown. If you look in other exporting nations such as Russia and Australia however, there huge harvests are expected. The US Weizenfutures profited from the fact that Egypt bought some ships of U.S. wheat.
In 2017, the first forecasts for Russian wheat show a more great grain harvest on us comes to the Black Sea. Also in France, the acreage of winter wheat with more than 5.2 million hectares to be so great seen for 80 years no longer.

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