Technical purchases, Spreadaktivitäten with corn, as well as short coverings by fund companies made significant gains include the wheat prices yesterday in Chicago. The weekly U.S. export sales were for the marketing year 2016/17 with 354.500 tons of wheat in line with market expectations. Institutional investors reduced their holdings of net short positions to 7,000 CBoT SRW wheat contracts. At the hour the eCBoT is moderately weaker. On the Euronext in Paris, followed the Weizenfutures the good requirements from overseas and recorded gains on all dates. The European Commission granted export licenses for 740,000 tons of wheat in the last reporting period. With a total of 28.227 million tonnes, the current result is only about 1 million tons after the result of the previous year (29,314 million tons). The European Commission increased the Outlook for the soft wheat production beyond 2016 in the EU of 142.8 million tons to 145.1 million tonnes. Premiums in Hamburg: 10 euros in Paris December 16
