18.
06.15
08:52

Grain mail

Wheat prices in Chicago yesterday with modest premiums close technical purchases, possible harvest delays caused by precipitation forecasts in the South of the Midwest as well as the weaker U.S. dollar against the euro. The Taiwan Flour Millers bought 97.420 tons of wheat from the United States Association within the framework of an international tender procedure. The agreement foresees two deliveries in August and September. At the time, the electronic exchange of the night is slightly weaker.
On Euronext Paris, the Weizenfutures were able to profit further from the good requirements from overseas and the courses were put on all dates. In his fourth DRV harvest estimate 2015 the German Raiffeisen Federation due to the dry weather conditions assumes only an average German grain harvest in the amount of 47.7 million tonnes. The entire German wheat crop estimates the DRV on 25,78 million tons. The result of 2014 (27.78 million tons), that would be a decrease of 7.2%.

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