Wheat prices in Chicago joined the eighth day in a row yesterday with losses. The world wide supply with wheat, Egypt's cancellation of the wheat tender and weak crude oil prices negatively impacted the market. Course supporting had sales of 138,000 tons of U.S. hard red winter wheat for delivery to an unknown destination in the marketing year 2016/17 fund companies of sold yesterday around 2,000 lots CBoT SRW wheat. On the Euronext in Paris again came the wheat prices under pressure and caved in on all dates. Egypt's State purchasers GASC yesterday canceled the wheat tender due to the very low turnout. Only the trading house Venus 55,000 tons of wheat from the Ukraine at a price of $179,32 per tonne FOB has offered. Bulgaria harvested wheat in a volume of over 5.6 million tonnes according to own this year. This is the biggest harvest for 36 years. In Hamburg the standard wheat premiums 12% remained over protein content delivery September unchanged at € 2.50 December 16.
