Yesterday, the Paris Wheat continued to rise moderately. The most traded May increased by EUR 5.50/ton to EUR 383.50/ton. In Chicago, the front month was unable to maintain its gains, and the back dates went into the red. Furthermore, the situation in the Urkaine has hardly changed. The analysts from APK-Inform expect that the grain harvest could collapse by almost 55%. In the US, the latest data on export sales will be released today. Market participants expect a volume of 100,000 to 600,000 tons. Gains were held back by weather forecasts. Heavy rainfall is expected in much of the Midwest this weekend.
