Wheat prices were mixed yesterday in Chicago. Technical buying, short covering by funds and Spreadaktivitäten yesterday resulted in increased price volatility.
Taiwan Flour Millers Association buys 101.950 tons of wheat in the United States under an international tender procedure. The Ukrainian Ministry of agriculture has increased due to favourable weather conditions from 20 million tonnes to 21 million tonnes by 2015 its forecast of Ukrainian wheat harvest. Instituitionelle investors reduced their holdings of net short positions to 4,000 contracts. At the time, the electronic exchange of the night is slightly firmer.
On Euronext Paris, the Weizenfutures held on fixed on their upward trend and the courses were put on all dates. Weather services for the southern of Russia end of may report dry and hot weather.
