Harvest pressure due to the ongoing U.S. winter wheat crop as well as losses in the soybean and corn complex were reductions include the wheat prices yesterday in Chicago. With 462.800 tons of wheat were the weekly U.S. export sales for the marketing year 2016/17 in line with market expectations. Funds increased their holdings of net short positions to 4,000 slots CBoT SRW wheat. The hour is the eCBoT with further hefty losses. Negative requirements from overseas and the last significantly higher euro, which reduces the competitiveness of European wheat in the export market, led in the wheat prices yesterday in Paris to significant losses. The European Commission granted export licenses for 555.000 tons of wheat in the last reporting period. With a total of 30,659 million tonnes, wheat export licenses are only 374,000 tons behind the results of the previous year at the same time (31,033 million tons) in the current marketing year. Premiums in Hamburg delivery September = 2,00 euro/to about December 2016.
