Yesterday, the U.S. holiday of "Memorial Day" was celebrated in the United States and the exchanges remained closed.
With the start of the night market tonight at 02:00 the trade has begun again.
The absence of Americans from trading was felt on the Euronext in Paris. Low trading volume, wheat prices closed with the exception of December 16 due date with light tees. Heavy and persistent rainfall since the weekend are reported from France. There feared possible income loss and loss of quality in the wheat.
The agricultural consulting firm FranceAgriMer rated 83% of French winter wheat stocks by May 23 with "good" to "excellent" (last week: 86%). Algerian Government grain purchasers OAIC today launched a tender for the purchase of grinding wheat for delivery in August. Wanted 50,000 tons will be nominal, but Algeria is usually more. The bidding ends on June 1.
