In Europe, wheat prices remain under pressure. Yesterday the December date on the Matif went south by 3.25 euros/t, the other dates followed this example. Prices are also falling on the cash markets. Bread wheat frank Hamburg was listed yesterday at 348 euros/t for delivery in December, feed wheat frank Südoldenburg also fell to 340 euros by 7 euros/t. Farmers are not willing to pay these courses, despite the fact that feed mixers and mills are looking for offers. Talks about the grain agreement for Ukraine, which expires at the weekend, are currently underway in Geneva. A Kremlin spokesman described the negotiations yesterday as thoroughly constructive, and an agreement has not yet been announced. Prices on the CBoT rose slightly. Although the US export shipments were very disappointing and the winter wheat sowing is as good as over at 96 percent, the slightly weakening US dollar was able to brighten the mood and ensured the slight gains.
Source
VR AGRICULTURAL
