Grain mail

A firmer US dollar to the euro, as well as losses in the soybean and corn complex, technical sales, profit-taking could yesterday in Chicago the second day in a row weaker close the wheat prices.
Tunisia has announced an international tender for the purchase of 142,000 tonnes of common wheat.
Institutional investors reduced their holdings of net long positions to 7,000 contracts. The e-CBoT is the hour with slight losses. Due to the weak targets overseas, also the Weizenfutures on Euronext Paris on all appointments had to accept significant reductions. France has exported 730,000 tons of soft wheat to countries outside the EU in May. The total is 10.3 million tons for the current marketing year (July to June). 9% less than in the WJ are the 2013/14. The French Agriculture Ministry has estimated in its first forecast 2015 to 37.9 million tons the French wheat harvest. That would be an increase of 1.0% compared to the previous year (37.5 million tonnes).

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