20.
07.20
06:17

Grain enamel

On Friday, the CBoT wheat prices fell again, moving away from their three-month high, which was traded last Wednesday. At the hour, the CBoT wheat is trading slightly weaker again. The global wheat market was supported by purchases from China. There is also uncertainty about harvests in Europe and the Black Sea region. Analysts warn that the recent high prices have made US and French wheat no longer competitive. And so the prices of the Maif wheat route fell on Friday by one euro / to. In France, the grain harvest is now making very rapid progress. FranceAgriMer announced on Friday that almost half of the wheat areas had already been harvested.
Exporters bought newly harvested wheat in Poland with 12.5% protein for delivery in August / September for the equivalent of 174 € / t. There, however, the harvest is delayed by a week to 14 days, local dealers report. The first crops of winter barley in western Poland show excellent yields of 8-10 to / ha. Up to now, 6-7 tons / ha were usual.

Source
Hansa Terminhandel GmbH
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