06.
08.15
08:35

Grain mail

Short covering by funds, opportunity purchases after the losses of the last few days, as well as positive requirements of the Kansas City and Minneapolis wheat had profits close the wheat prices in Chicago yesterday. Informa Economics estimated the entire US wheat production by 2015 to 2,159 billion bushels (USDA-July forecast: 2,148 billion bushels). Egypt GASC bought by tender of 120,000 tons of Russian wheat at an average price of $198,73 / ton c & f. Institutional investors increased their holdings of CBoT net long positions to 5,000 contracts. The hour is the e-CBOT with losses.
By the good requirements from overseas, also the Weizenfutures on Euronext Paris on all dates recorded premiums.
The French analyst Agritel appreciates the French soft wheat harvest to 38.9 million tonnes. That would be an increase of 3.9 percent over the previous year. The forecast is based on an average yield of 7.55 tons per hectare, compared with 7.48 tonnes in 2014. The acreage is located with 5.16 million hectares to the highest level for almost 80 years.

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