Grain mail

Surprisingly high U.S. wheat exports and the unexpectedly good demand for U.S. wheat were yesterday in the wheat prices in Chicago for slight premiums. With 451.200 tons of wheat were the weekly U.S. export sales above market expectations of 250,000 450,000 tons.
At the hour the eCBoT is weaker. The Weizenfutures on the Euronext in Paris could benefit from the positive requirements of overseas despite the fixed euro and further to all dates. European traders reported export transactions with a volume of 762.000 tons of wheat in the week up to the 31.01.17. This is the largest amount since November 16. Together with wheat flour, durum and durum Grist exports to 16.15 million tonnes versus 17,00 tonnes totaled in the marketing year 2015/16 Algerian of State grain purchasing OAIC grinding wheat of optional origin at prices between $203 and $207 per tonne c & f for the supply of 585,000 tons bought in April. Market participants expect that the lion's share of which is serviced from the EU including Germany and France. In Hamburg, the standard wheat premiums 12% remained protein content for delivery in February at € 5.50 on Euronext März 17.

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