Grain mail

Wheat prices in Chicago closed the third day in a row yesterday with slight gains. Shortadeckungen by fund companies, after several technical support points have been exceeded, as well as the currently good global export demand gave the market buoyancy. With 450.613 tons of wheat, the weekly U.S. export inspections were at the lower end of market expectations. Institutional investors reduced their holdings of net short positions to 2,000 slots CBoT SRW wheat. Saudi of Arabia of Government grain purchasers SAGO bought 610,000 tonnes of durum wheat of optional origin within the framework of an international tender procedure. Are accepted origins (sellers option): European Union, South America and Australia. The eCBoT is minimal fixed to the hour. The Weizenfutures closed mixed on Euronext in Paris. The front-month December reached its highest level since late August. In the German spot market, market participants hope to benefit from the tenders Saudi of Arabia and Algeria.  In Hamburg the standard wheat premiums 12% remained in protein delivery October stable at €1.50 on Euronext December 16.

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