Grain mail

Technical buying and short covering had profits close the wheat prices in Chicago on Friday. Last week, wheat prices recorded an increase of 6.5%, the highest weekly gain since June 2015. The weekly U.S. export sales were 491.000 tons of U.S. wheat in line with market expectations. Algerian Government grain purchasers OAIC bought 450,000 500,000 tons of milling wheat of optional origin. Dealers say that the wheat from Europe or South America. Taiwan Flour Millers Association bought 80.650 tons of wheat in the United States under an international tender procedure. The e-CBoT is today tomorrow minimal fixed.
On the Euronext in Paris followed the Weizenfutures the good requirements from overseas and could put further on all dates. Meanwhile, the front month December reached the highest level since late August. In Hamburg, premiums for standard wheat with 12% decreased protein content delivery October € 3.00 to €1.50 on Euronext December 16.

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