Grain mail

Harvest delays in the Midwest of the United States as a result of some of the heavy rains, technical purchases, as well as rises in the Kansas City and Minneapolis wheat left with hefty premiums include the wheat prices yesterday in Chicago. The weekly U.S. export sales were for the marketing year 2015/16 with 434.300 tons of wheat at the top of market expectations. The International Grains Council has reduced its monthly forecast of global wheat production 711 million tons by 2015/16 of 715 million tons. At the time, the e-CBoT is slightly firmer. On Euronext Paris, the Weizenfutures was followed by the fixed requirements from overseas and the courses could lay to moderate on all dates. The European Union granted export licenses for 361,000 tons of wheat this week. In the current marketing year amounted to wheat exports to total 31,033 million tonnes (previous year comparison value: 31,812 million tonnes). Meteo France reported a heat wave with record temperatures in many parts of France for the next week.

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