30.
01.17
08:38

Grain mail

Wheat prices in Chicago were the weakest link in the agricultural complex last Friday and gave way. The world's good supply situation with wheat, as well as the stronger dollar put pressure. Institutional investors increased their holdings of net short positions to 4,500 lots CBoT SRW wheat. At the hour the eCBoT is weaker. On the Euronext in Paris followed the Weizenfutures the negative requirements from overseas and showed moderate discounts on all dates. The weaker euro prevented a greater decline. In Hamburg the standard wheat premiums 12% remained protein content for delivery in February unchanged at € 5.00 on Euronext März 17. A cold spell in Russia's South could threaten the local winter wheat stocks. In the period from 27 January to 4 February, temperatures are in the South West of the Rostov region and in the North West of Krasnodar region expected to 17 degrees Celsius from minus 8 to minus. A protective snow cover does not exist in these areas. Both regions are important for Russia's wheat production.  In Poland, prices remained stable in the past week. The levy willingness of farmers is restrained after the frosty temperatures.

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