Grain mail

Wheat prices in Chicago traded the fourth day in a row with losses yesterday and fell to its lowest level for three weeks. Positioning at the end of the year, technical sales, the world's good supply situation with wheat, as well as weak U.S. exports put the market under pressure. The weekly U.S. export sales were only 297.800 tonnes of US wheat under market expectations of 300,000 500,000 tons. The hour is the e-CBoT with slight surcharges. On the Euronext in Paris was followed by the Weizenfutures of the old harvest 2016 the negative requirements from overseas and eased. The dates of the new harvest of 2017 closed mixed. European traders reported exports in a volume of 770,000 tonnes of common wheat for the week up to the 20.12.16. So soft wheat exports rose in the current marketing year 2016/17 to 11.9 million tons. Together with wheat flour, durum and durum Grist on 13.10 million tonnes versus 13.05 million tonnes of exports totaled marketing year 2015/16. In Hamburg the standard wheat premiums 12% remained in protein delivery January unchanged at € 4,00 on Euronext März 17. The euro was the second day in a row with slight gains yesterday.

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