Grain mail

Wheat prices in Chicago closed Friday on a 3-week low. A strong U.S. dollar against the euro, a world wide supply situation with wheat, as well as weak demand for U.S. wheat export market could close the wheat prices with price losses. Negative specifications from the soybean and corn complex and also a reductions at the Kansas City and Minneapolis wheat also exerted pressure.
The electronic exchange of the night is today tomorrow again significantly weaker.
On Euronext Paris, the Weizenfutures was followed by the negative requirements from overseas and joined prices on all dates in the red zone. The French consulting firm FranceAgriMer reports that 38% of French soft wheat stocks by 13 July are harvested. In the previous week, the progress was 15% last year at the same time at 34%.

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