Grain mail

A large amount of delivery of wheat from the December contract, the ongoing wheat harvests in Argentina and Australia, as well as technical sales were yesterday in Chicago the sixth day in a row with losses include the wheat prices. With 483.500 tons of U.S. wheat, the weekly U.S. export sales were at the top of market expectations. Institutional investors increased their holdings of net short positions to 6,500 slots CBoT SRW wheat. The eCBoT is the hour moderate premiums.
Wheat prices to the lowest level fell for 2 months on Euronext in Paris. European traders log export transactions with a volume of 774,000 tonnes of common wheat for the week up to 29.11. This soft wheat exports rose in the current marketing year 2016/17 to 10,210 million tons. Together with wheat flour, durum and durum Grist, exports to 11,284 million tonnes versus 10,321 million tons totaled in the marketing year 2015/16. The Commission lowered its forecast of EU wheat exports 2016/17 to 24 million tonnes versus 32.7 million tonnes by 2015/16. Last month, the forecast still amounted to 25 million tons.

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