The wheat quotes in Chicago ended yesterday's trading day with modest price gains and climbed to its highest level in 1.5 weeks. Meteorological services expect frosty temperatures in major US winter wheat growing regions next week, which could damage unprotected winter wheat stocks. Institutional investors yesterday bought 2,500 lots of CBoT SRW wheat. Today at 14:30, the USDA publishes weekly US export sales. Analysts expect wheat exports in a range of 300,000 to 600,000 tons. At the moment the eCBoT is trading with moderate premiums. At Euronext in Paris, wheat quotations were unable to benefit from the positive overseas sentiment, closing in a narrow range with renewed weak sales and thin news. In Hamburg, the quotations for standard wheat with 12% protein for delivery in January at 3.50 euros over Paris March 18. For feed wheat in southern Oldenburg for delivery in January, the quotations remain higher, at 173.50 euros / ton. Feed wheat prices of up to € 175 for delivery in January are reported in parts of northern Germany.
