31.
07.15
08:34

Grain mail

Wheat prices in Chicago were the weakest link in the agricultural complex yesterday and prices eased slightly. Good crop conditions and loss at the Kansas City and Minneapolis wheat impacted the market. The weekly U.S. export sales were 699.400 tons of wheat exceeded market expectations of 400,000 600,000 tonnes. In the context of the wheat quality Concil BB´s three-day tour in North Dakota were average yields for the hard red spring wheat determined 49.9 bushels/acre (previous year: 48.6 / 5-year Durchschitt: 42.2). Institutional investors increased their holdings of net long positions to 1,000 contracts. The e-CBoT is moderately firmer to the hour.
After the significant losses of the last few days, the Weizenfutures on the Euronext in Paris could stabilize and prices recorded gains on all dates. The European Union granted export licenses for 324,000 tons of wheat this week. In the current marketing year amounted to exports for wheat on a total of 1,586 million tonnes (previous year comparison value: 1,303 million tonnes).

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