The world's good supply situation as well as the ongoing U.S. crop left with losses include the wheat prices yesterday in Chicago. Late short covering as well as a weaker US dollar were the discounts but limited. Funds increased their holdings of net short positions to 3,000 lots CBoT SRW wheat.
The eCBoT is today tomorrow moderately firmer. On Euronext Paris, the Weizenfutures was followed by the negative requirements from overseas and 2016 slightly eased the courses on the dates for the harvest. The French agricultural consulting firm strategy of grains estimates the upcoming French grain crop with 36.6 million tons to two million tons less than in June. The estimate of yields is now at 6.98 tonnes / hectare (previous month 7.38 tonnes / hectare). In Russia the wheat crop has begun to / ha with above-average income of 4.45 (previous year: 3.74 to / ha).
