Grain mail

Short covers of funds in the run-up to the USDA report could with slight surcharges include wheat prices in Chicago on Friday. The main focus this week on the presidential election in the United States and on the forthcoming Wednesday monthly USDA report. Institutional investors reduced their holdings of net short positions to 1,500 slots CBoT SRW wheat. At the hour the eCBoT is almost unchanged. The Weizenfutures on the Euronext in Paris eased slightly and thus followed the losses for the rape and maize. In Hamburg, the standard wheat premiums 12% remained in protein delivery November at €4,00 on Euronext December 16. After a quiet October is expected in November to increase the grain export shipments in German ports. Ships from Saudi Arabia, Algeria and Libya are expected. French farmers have ordered by 31 October versus 60% 78% of the planned areas for winter wheat sowing in the past week and 86% last year at the same time.

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