07.
08.15
08:48

Grain mail

Wheat prices in Chicago were the strongest link in the agricultural complex yesterday and the courses were set to moderate. Technical purchases, good weekly export figures, as well as positive requirements of the Kansas City and Minneapolis wheat gave the market support.
With 838.500 tons of U.S. wheat were the weekly U.S. export sales for the marketing year 2015/2016, well above market expectations of 400,000 600,000 tonnes.
Institutional investors increased their holdings of net long positions to 5,000 contracts. The hour, the electronic exchange of the night is somewhat weaker.
On Euronext Paris, the Weizenfutures could benefit from the good requirements from overseas and recorded gains on all dates for the courses.
The European Union granted export licenses for 372,000 tons of wheat this week. In the current marketing year amounted to wheat exports to a total of 1,958 million tonnes (previous year comparison value: 1,837 million tons.)

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