Profit-taking by fund companies, as well as weak US wheat exports were reductions include the wheat prices yesterday in Chicago. The weekly U.S. export sales were only 317.800 tonnes of US wheat under market expectations of 400,000 600,000 tonnes. Funds increased their holdings of net short positions to 3,500 lots of SRW wheat. The electronic exchange of the night is fixed to the hour. On the Euronext in Paris, followed the Weizenfutures the negative requirements from overseas and caved in on all dates. The European Commission granted export licenses for 779.000 tons of wheat in the last reporting period. With a total of 988.000 tons are wheat export licenses in the current marketing year slightly over the result of the previous year at the same time (937.000. tons). Strategy of grains has raised its forecast of the 2016er soft wheat harvest in the European Union to 1.2 million tonnes to 145.5 million tonnes (previous year: 151 million tonnes) reduced.
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