Wheat prices in Chicago closed the last trading day of the week with sharp losses. Technical sales, good global supply situation with wheat and the expectation of a big U.S. corn crop put pressure on prices. Last week, the December Fäligkeit lost 37 cents / bushel. Fund companies sold 7,000 lots CBoT wheat. The hour is the eCBoT with slight losses.
On the Euronext in Paris, have evaded the wheat quotes not the backward pull in overseas and also closed with losses. The soft wheat harvest in France is completed and has produced very different qualities. The quality report from FranceAgriMer shows that 65% of soft wheat has a protein content of about 12.5%. Case numbers reached 79% of 240 seconds versus 95% in the previous year. Therefore, only 28% achieved an average specific gravity of over 76 kg per hectolitre. Egypt GASC bought c & f on Friday of 180,000 metric tons of Russian wheat at an average price of $185,52 per tonne.
