14.
11.16
08:33

Grain mail

Technical sales, as well as the world's good supply situation with wheat could close the wheat quotes on Friday the third day in a row with losses. The front-month December lost value 2.7% compared to the previous week. This is the largest weekly loss since August. Institutional investors increased their holdings of net short positions to 3,000 lots CBoT SRW wheat. The electronic exchange of the night is today weaker tomorrow. On Euronext in Paris concluded the Weizenfutures at relatively low trading turnover at almost the same level. Egypt's Government buyers GASC bought 60,000 tons of wheat of Russian origin for the supply of 15-25 December under an international tender procedure. The participation of international trading houses in the tender was low. The cheapest offer was referring to 60,000 tons of wheat of Russian origin for the price of $192,50 per tonne FOB. The spread between the Euronext and the CME EU wheat increased the maturity of December to €16.75 per tonne.

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