Fears about loss of earnings in Europe due to adverse weather conditions as well as technical buying and short coverings by fund companies could trade the wheat prices in Chicago yesterday with gains. With 390.185 tons of U.S. wheat were the weekly U.S. export inspections in line with market expectations of 350,000 550,000 tons. Fund companies reduced their holdings of net short positions to 6,000 CBoT SRW wheat contracts. The hour, the electronic exchange of the night is somewhat weaker. On the Euronext in Paris, wheat prices in the course of trading reached its highest level for several months and also closed with gains on all maturities. The Ukraine is in the current marketing year (1.Juli 15-30 June 16) has become the most important wheat supplier for the EU(28). With 1,637 million tons of wheat, representing 49% of the total wheat imports in the EU, the Ukraine has delivered more wheat in the EU, as the United States, Canada and Russia together.
Premiums in Hamburg = 11 euro/to see December 2016.
