US spring wheat stocks appear to be in good shape

Wheat contracts on the Euronext/Matif increased again slightly on Friday. The most traded December closed with a daily plus of 3.25 euros at 331.75 euros/t. In France, the wheat harvest is 95 percent complete. Locally, rain showers in Germany restricted the further harvest over the weekend. Hopes that the Ukrainian sea exports will be implemented after all arose after President Zelenskyj visited the port city of Odessa. The Turkish President was told that the first ships could start on Monday. The first ships were last expected on Friday. The CBoT went slightly south on Friday. According to a field inspection, the summer wheat harvest in the two states of North Dakota and Minnesota is said to be very plentiful. A new record would even be possible for North Dakota with 49.1 bu/acre. Pre-market, the contracts on the CBoT show slight losses.