grain mail

Shorter fund forensies and technical purchases, following the recent losses, closed Friday's wheat quotations in Chicago with slight mark-ups. Institutional investors bought about 3,000 lots of CBoT SRW wheat on Friday. The electronic night market trades the CBoT wheat futures with losses every hour. Export activities for wheat from the US and Europe remain modest, especially from France and Germany.
The wheat futures on Euronext in Paris had a very quiet day with little trading and trading margins. The prices closed on Friday unchanged to slightly firmer. There is hardly any news that can move the market. Currently, the Russians are still benefiting from the relatively warm weather for their exports. Before the beginning of 2019, hardly any more exports from Europe or the USA will be needed on the world market. As a result, the December 18 deadline on the Paris futures market is under pressure, with maturities on March 19 and May 19 likely to benefit.

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