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20.
05.20
11:48

Drought in parts of Europe: wheat prices are rising again

A persistent drought in parts of Europe is currently supporting wheat prices on the derivatives exchange in Paris. Overseas dealers have now also noticed this. After an initial price weakness on today's trading day, both the Matif wheat prices and the CBoT are increasing.
The December date in Paris is currently 189 € / to (+2.00), CBoT wheat courses in the December 20 contract are listed at 513.50 ct / bu.

Source
Hansa Terminhandel GmbH
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