Wheat prices in Chicago yesterday were the strongest link in the agricultural complex, and the courses were slightly. Spreadaktivitäten with corn, as well as short coverings by fund companies did support the market after the courses followed four consecutive sessions with losses. Jordan State grain buyer has 100,000 tons of hard red winter wheat of optional origin bought. Fund companies reduced their holdings of net short positions to 3,000 CBoT SRW wheat contracts.
The electronic exchange of the night is today morning firmer.
On Euronext in Paris, the Weizenfutures due to the improved specifications from overseas could recover from their initial tees and the courses closed slightly firmer. Again lower euro increases the competitiveness of European wheat export market.
Premiums in Hamburg = 10.5 EUR/to see December 2016.
