The forecast for warmer weather in the United States weakens the fears for a possible disease pressure in the grain. After the often heavy rains in the major wheat producing regions of the United States, the stocks of cereals can now benefit from higher temperatures and lead to higher yields. Despite the losses this week (- 5%), the CBoT Weizenfutures can stop this month with the highest Monatsplus (+ 4%) since November 2014.
The views of a wide range of wheat from the United States coincides with a plentiful range of all other surplus regions of the world, although there is currently some earnings fears about crops in the Russian export regions.
