11.
01.22
10:15

Wheat cultivation in the USA is expected to increase

Wheat prices rose slightly on the Paris stock exchange. Trading activities are slowly picking up again on the cash markets. The price structure remains firm. Especially in the middle of the year, the mill could have a connection requirement. In Chicago, the futures were able to recover further and ended trading in the profit zone. The month ahead posted a profit of $ 3.5 cents / bushel to $ 762 cents / bushel. Tomorrow's WASDE report is eagerly awaited. In addition to the prognosis that the area under cultivation for winter wheat will have reached the largest area in over four years, the stocks are also expected to fall to a low at the same time, as was last seen in 2006. In the first week of January, wheat exports add up to 233,000 tons. Overall, exports thus reach 12.4 million tons and cannot match the previous year's result of 2016

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