25.
05.15
07:32

Grain mail

Profit-taking extended before the weekend, the strong U.S. dollar against the euro, as well as negative guidelines from the soybean and corn complex with tees close the wheat prices in Chicago on Friday. Worried due to excessively heavy rainfall in major US - wheat-growing areas limited the downside potential. Private exporters from the United States sold 101.950 tons of wheat for the delivery period 2015/16 to Taiwan on Friday. Algeria buys traders according to over 450,000 tonnes of milling wheat at a price of $213-214 / ton c & f to the dispatch in August. The goods might therefore come from France. OAIC published amount nor the origin of the goods. Institutional investors increased their holdings of net short positions to 6,000 contracts. The stock exchanges in the United States are closed today because of the U.S. holiday, memorial day. After the strong gains of the last few days, the Weizenfutures on the Euronext in Paris followed the negative requirements from overseas on Friday and the courses had to accept discounts on all dates.

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