The world's good supply and sales activities by fund companies were yesterday in Chicago with strong tees re-close the wheat prices. Institutional investors increased their holdings of net short positions to 6,500 slots CBoT SRW wheat. With 511.965 tons of wheat were the weekly U.S. export inspections in line with market expectations. The eCBoT is today tomorrow slightly firmer.
On the Euronext in Paris, followed the Weizenfutures the negative requirements from overseas and eased significantly.
Egypt has yesterday reintroduced the import lock for wheat with ergot and so shocked the suppliers. Only last month, the international standard tolerance limit was accepted by 0.05% after long and controversial debates by the Egyptian authorities. It is anticipated now again with a boycott of the provider.
The export prices for Russian wheat are slightly at the end of last week. In Hamburg the standard wheat premiums 12% remained over protein content delivery September unchanged at € 1.50 December 16.