In the United States, yesterday's stock exchanges were closed due to Memorial Day. The eCBoT trades in course gains this morning.
Without specifications from Chicago, trading on Euronext in Paris was extremely quiet yesterday. The courses closed mostly with profits. In the Black Sea region, despite the return of regular rainfall, the earnings prospects could not improve significantly due to irreversible damage caused by the dry March-April in southern Ukraine and Russia, Agritel reports. Russia's export wheat prices for the new crop rose last week after stocks were downgraded due to the drought in April. The Russian agricultural consultancy IKAR lowered the forecast for the 2020 wheat harvest from 77.2 million tons to 76.2 million tons last week. Russia's Ministry of Agriculture expects a grain harvest of 120 million tons. Export wheat from Russia loaded with 12.5% protein to Black Sea ports for delivery in July rose $ 6 a week earlier to $ 202 / tonne FOB, reports SovEcon. The EU exported 30.74 million in the current 2019/20 season (July 1 to June 30) by May 24.Tons of wheat, official data from the EU Commission show.
Source
Hansa Terminhandel GmbH