Yesterday, the CBoT Weizenfutures times responded to the European futures MATIF. The significant rise in Paris caused the wheat prices in Chicago. The weekly export figures were 477.900 to U.S. wheat in line with market expectations. The Russian agricultural consultancy IKAR lifted its estimate for the Russian wheat harvest to two million tons to 68 million to. The e-CBoT is today tomorrow almost unchanged.
Worried about the yields and qualities of the French milling wheat is due to the significant increase in the wheat prices in Paris. France particularly suffered too much rain in the spring and early summer. Now, where the harvest is started, disappointing yields and low test weights show up. Usually the protein levels are satisfactory. The peasants there are three disadvantages: low income, poor quality and low prices. The französsiche wheat harvest could be 25% less than in the previous year. How will the German harvest, is still open.
