Grain enamel

The prospect of hot and dry weather in the Midwest and the US Plains, as well as good export figures, made the wheat futures in Chicago close on Friday for the third day in a row. In a weekly comparison, the front month of July rose by 2.4%, the largest weekly increase since the end of March. The front month ended May, however, with a loss of 0.7%. With a total of 706,200 tons of US wheat, weekly US export sales exceeded the market expectations of 150,000 - 600,000 tons. Institutional investors bought 5,000 contracts of CBoT SRW wheat on Friday. The eCBoT is acting weaker this morning. At Euronext in Paris, the wheat futures benefited from the good overseas guidelines on all dates and closed with moderate premiums. In the week ending May 25, FranceAgriMer reported that the top rating of French soft wheat field stocks fell from 57% to 56% good / excellent. This is the lowest level since 2011, when only 24% of wheat stocks received the top rating due to severe drought.The Ukaine intends to allow the country's exporters to export wheat without restrictions in the next two months, despite the wheat export quota that has already been met.