07.
12.16
08:37

Grain mail

The world's good supply situation with wheat, as well as the strong U.S. dollar made yesterday in Chicago to close the wheat quotes with slight losses. 31,73 million tons of wheat (all varieties) were harvested this year in Canada. To the previous year, that is an increase of 15%. Market participants expected an increase to 30.7 million tonnes. Durum production increased by 44% to 7.76 million tons versus 5.39 million tons in 2015. Jordan State grain in buyer has bought 50,000 tons of wheat of optional origin for the price of $205 / ton c & f under an international tender procedure. Institutional investors increased their holdings of net short positions to 1,500 slots CBoT SRW wheat. The electronic exchange of the night is today tomorrow minimal weaker. On Euronext Paris, the Weizenfutures recovered to some extent by the significant losses from the previous day, and closed with slight gains. The Russian agricultural consultancy IKAR has reduced to 28.5 million tons its forecast of wheat exports 2016/17 of 29.0 million tonnes. Market participants eagerly waiting for new impulses of the WASDE report will be published on Friday, December 9th, at 6: 00 of the U.S. Department of agriculture.

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