27.
10.20
07:42

Grain mail

Improved weather conditions in the US wheat-growing areas and the Black Sea region caused wheat prices to close yesterday in Chicago with losses. In the US plains, where hard-red winter wheat is grown, rain and snow improved growing conditions. Institutional investors sold 9,500 CBoT SRW wheat contracts yesterday. This morning the electronic night exchange is trading unchanged to moderately more firmly.
At Euronext in Paris, the wheat futures followed the negative requirements from overseas and gave way on all dates. Wheat export prices in Russia rose for the fourth time in a row last week. Russian wheat with a protein content of 12.5% for delivery in November was $ 257 / tonne (+ $ 6) on an FOB basis at the end of last week, reports IKAR. In Germany, the ongoing export optimism is supporting the market with a lively loading program in German ports, which is expected to last until November. The EU harvest monitoring service MARS has shortened its yield forecast for all summer crops. The first too dry and then too wet weather in the EU has hampered field work in recent weeks.

Source
Hansa Terminhandel GmbH
Rückrufservice
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