Grain mail

Technical buying, short covering by funds, gains in the Kansas City and Minneapolis wheat, a weaker US dollar against the euro and positive requirements of the soybean and corn complex were significant premiums include the wheat prices yesterday in Chicago the second day in a row. Institutional investors reduced their holdings of net short positions when the wheat to 9,000 contracts. The electronic exchange of the night are easily fixed to the hour.
On the Euronext in Paris, the Weizenfutures followed the good requirements from overseas and the courses could gain on all dates.
The European Commission has reduced last month to 141.5 million tons its forecast of the EU soft wheat crop of 141.6 million tonnes by 2015. The prognosis of the Weichweizenendbestände to the end of the marketing period of 2015/16 was reduced from 15.0 million tons to 14.8 million tons.

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