grain mail

The wheat futures in Chicago ended yesterday's trading day with geopolitical tensions between Russia and Ukraine and a round of short coverage on earnings. With only 252,489 tons of wheat, weekly US export inspections lagged market expectations from 350,000 to 600,000 tons. US exporters yesterday announced the sale of 120,000 SRW wheat to Egypt for delivery in the 2018/19 marketing year, confirming Egypt's GASC on 22.11. reported purchase. Institutional investors yesterday bought about 5,000 lots of CBoT SRW wheat. At the moment, the eCBoT is a little bit firmer.
At the Euronext in Paris, the wheat futures yesterday closed almost unchanged the previous day. The dry weather in autumn delayed the sowing and development of grain in Central Europe. However, in most parts of the European Union, the vegetation started well. The export prices of Russian grain remained largely unchanged last week. Black Sea wheat with 12.5% ​​protein for delivery in December cost $ 225 / tonne FOB last week. From 1 July to 22 November, Russia exported 23.1 million tonnes of grain. This is 15% more than in the same period last year. This includes 19.8 million tonnes of wheat.

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