On the exchanges in Paris and Chicago, the wheat contracts showed a red sign yesterday. On the cash markets in Germany, on the other hand, prices have increased again compared to the previous week. Turnover is still rare here. Producers find it difficult to place goods, especially for deliveries in January or February. According to official figures, winter wheat was sown on around 1.1 million hectares in the Ukraine. If you look at the previous year at the beginning of October, only 1/3 of the areas at that time have been sown. The Ukrainian war and the renewed tensions, as well as the advance of the Ukrainian army in the south and east of the country, limited the losses at Matif and CBoT. In particular, there is concern about the continued existence of the so-called grain corridor across the Black Sea. In the US, parts of the Great Palins are experiencing a lack of water. In Oklahoma and South Dakota in particular, 80 to 90 percent of the plants are already suffering from the drought. The losses of the lecture are already made up for before the trading day at the eCBoT this morning.
Source
VR AGRAR
