Grain mail

Position resolutions before the USDA report released on Wednesday, as well as the world's good supply situation with wheat made with light tees close the wheat prices in Chicago on Friday. Funds increased their holdings of net short positions to 500 lots CBoT SRW wheat. The e-CBoT is moderately firmer to the hour. On the Euronext in Paris, followed the Weizenfutures the negative requirements from overseas on all dates and gave way. Wheat exports from France in August have slowed further, at the same time accelerate the imports. The influence of a small French grain harvest is now noticeable. France exported 913.000 tonnes of common wheat in August, another 1.1 million tons were exported in July. Thus, the exports are 20% since July 1 less when compared to the same period of the previous year. The winter wheat sowing in France is done versus 17% by October 3 to 6% in the last year at the same time. The spread on the December maturity between the CME EU wheat and the Euronext wheat increased to €6,00.

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