Grain mail

The world's good supply situation with wheat and the firmer dollar made yesterday in Chicago to close the wheat prices with losses. With 494.154 tons of wheat, the weekly U.S. export shipments were at the top of market expectations. Funds increased their holdings of net short positions to 4,000 slots CBoT SRW wheat.
The eCBoT is today tomorrow slightly weaker. Also the Weizenfutures on Euronext Paris on all dates eased further by the negative requirements from overseas. In Russia the wheat export prices for seven weeks analog to very high demand for Ukrainian wheat and increase restrained offer from agriculture. Black Sea export prices from Russia for wheat with 12.5% protein for delivery in November were on Friday at 179 USD per tonne fob. This is 1 USD/tonne more than the previous week. The French Ministry of agriculture increased its estimate of this year's wheat crop, from 28.0 to 28.1 million tons. Egypt has launched a tender last night. Wheat for the delivery period of 10 to 20 December from the known regions of the surplus will be searched. The offer period ends this afternoon.

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