Grain enamel

The expectation of a larger worldwide demand for pasta products and flour due to the coronavirus pandemi, as well as technical purchases and positive specifications from the soy and corn complex, led to strong price gains yesterday in Chicago's wheat futures. China bought at least 120,000 tons of HRW wheat in the United States yesterday, according to traders. This was China's first wheat purchase in the United States since the end of 2017. The weekly US export sales of 482,000 tons of US wheat were within the market expectations of 250,000 - 700,000 tons. Institutional investors bought 14,000 lots of CBoT SRW wheat yesterday. This morning the eCBoT acts inconsistently. In the wake of positive overseas guidelines and the renewed sharp fall in the exchange rate of the euro, which improves the competitiveness of wheat from the euro area on the world market, the wheat futures at Euronext in Paris were able to assert themselves and closed on all dates with substantial premiums. Border controls with long waiting times and disruptions in logistics, the restriction of public life in many European countries and the rush for certain foods are currently causing great uncertainty for many consumers.