The rapidly developing U.S. winter wheat crop as well as hefty losses in the soybean and corn complex left yesterday in Chicago to close the wheat prices to a one-month low. U.S. farmers have already harvested 25% of winter wheat stocks (last week: 11%), the U.S. Department of agriculture reported. Funds increased their holdings of net short positions to 6,500 slots SRW wheat. The electronic exchange of the night is today tomorrow moderately firmer. On the Euronext in Paris, followed the Weizenfutures the negative requirements from overseas and eased further. Meanwhile, rising concerns that the rainy weather in parts of France and Germany could negatively affect yields and qualities in the wheat. Also in Russia and the Ukraine, is expected to compromise on quality. The agricultural consultants of Agritel 2016 increased its forecast of the wheat harvest in the Ukraine to 1.1 million tonnes to 23 million tonnes (- 15.4% to the previous year).
Premiums in Hamburg delivery September = 1.50 euro/to about December 2016.
