09.
06.22
08:52

No quick fix for Ukrainian exports in sight

In Paris, wheat contracts ended another trading day in the red. The most traded December lost 3.50 euros/ton to 376.75 euros/ton. Compared to the previous year, EU exports increased slightly by 0.3 million tons and amounted to 25.3 million tons so far. Trading in the USA was characterized by volatility. Shortly before the end of the day, however, the bulls took the lead. In the course of talks about the trade corridor in Ukraine, there is still no quick solution in sight. Above all on the Ukrainian side, those responsible are skeptical as to whether Russia will keep to the associated agreements. The June WASDE is also eagerly awaited tomorrow. Many analysts are expecting a downward correction in global wheat production.

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