12.
08.20
06:12

Grain mail

Technical purchases after the price losses of the past few days as well as positive specifications from Kansas City and Minneapolis wheat and positions ahead of today's WASDE report, which will be published by the US Department of Agriculture at 6 p.m., caused the wheat prices to close with markups yesterday in Chicago. The unexpectedly sharp decline in the weekly ratings for US spring wheat led to a certain degree of uncertainty in the run-up to the publication of the WASDE report. Institutional investors bought 4,500 contracts of CBoT SRW wheat yesterday. This morning the e-CBoT is trading at a loss.
The wheat futures at Euronext in Paris followed the positive requirements from overseas and were able to increase moderately on all dates. Egypt's state grain buyer GASC bought 120,000 tons of wheat of Russian origin for the delivery period September 25 to October 5 as part of an international tender process. The German wheat harvest is in the final stages in the north and east and could be completed this week.

Source
Hansa Terminhandel GmbH
Rückrufservice
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