In Paris, the front month of December went north by 3 euros yesterday. the other dates of the current season also showed profits. On the CBoT, on the other hand, prices are inconsistent. On the cash markets, producers continue to offer little wheat and barley overall. Traders report that the offers are increasing, but remain manageable overall. The prices are also developing more firmly here. In southern Germany, there are also increasing purchase inquiries from Italy and Switzerland. According to estimates by the Russian consulting firm Sovecon, Russian exports are expected to increase to 43.4 million tons in this marketing year. However, it remains to be seen that Russian exports are currently not gaining momentum. In the first quarter, overseas shipments fell 14% from the five-year average. According to initial reports, a United Nations delegation is traveling to Moscow in the coming week to discuss whether the grain corridor should continue. In Chicago, there were certainly upward trends in trade, but the US dollar, which had risen significantly again, put the brakes on export fantasies and caused a subdued mood.
Source
VR AGRAR
