The firmer dollar due to a possible increase of U.S. key interest rate soon left with significant losses include the wheat prices in Chicago yesterday. The weekly U.S. export sales were U.S. wheat in the marketing year 2015/16 with 175.200 tons US wheat in line with market expectations and for the year 2016/17 with 573.500 tons.
At the time, the e-CBoT is slightly firmer. On the Euronext in Paris, followed the Weizenfutures the negative requirements from overseas and also eased. The European Commission recently granted export licenses for 928,000 tons of wheat. 27.487 million tons, wheat export licenses remain in the current marketing year as a result of the previous year (29,086 million tons). The agricultural consulting company strategy of grains increased its forecast of the EU soft wheat production by 2 million metric tons (to the April forecast) in 2016/17. Currently, the company anticipates a production volume of 144,7 million tons (2015/16: 150,8 million tons).
