The continuing harvest pressure in the United States, as well as the expectations of a large harvest and high surpluses could close the wheat prices with significant losses on Friday in Chicago. They lost by 7.7% compared to the previous week, there were even 13.3% in the past 4 weeks. The IGC raised its forecast of world wheat production 2016/17 to 7 million tons to 729 million tonnes (previous year: 736 million tonnes). Funds increased their holdings of net short positions to 7,500 slots CBoT SRW wheat. On Monday, Independence Day is celebrated in the United States. Trade with Agrarfutures in Chicago starts again at the beginning of the electronic exchange of the night on the 5.7. at 2: 00. On the Euronext in Paris, followed the Weizenfutures the negative requirements from overseas and caved in on all dates. The State of French wheat stocks has further deteriorated in the past week. 65% of stocks assessed FranceAgriMer 27 June with "good" to "excellent". In the previous week, 71% of stocks received this rating. Premiums in Hamburg delivery Sept. = 3.50 euro/to about Dec. 2016.
