Grain mail

Due to heavy rains in the Middle the wheat quotes on Friday in Chicago with strong serves close harvest delays West of the United States, adverse weather conditions in other relevant wheat growing areas of the world as well as extensive short covers by fund companies. Institutional investors reduced their holdings of net short positions to 20,000 contracts. The e-CBoT is today morning mixed. With very high sales volume, the Weizenfutures on the Euronext in Paris followed the positive requirements of overseas and prices showed strong gains on all dates. The State of French wheat stocks has deteriorated significantly in the week until June 22. 81% of the wheat stocks received the rating "good" to "excellent". To the previous week, which is a decrease of 4%. The grain Association Coceral has increased in the European Union to 140.6 million tonnes by 2015 its forecast of soft wheat production. The March forecast is an increase of 2 million tons. 2014 148.3 million tons of wheat in the EU were harvested.

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