Wheat: Little change on the Euronext

Wheat prices on the Euronext in Paris trading today afternoon slightly firmer. They received support from the smaller 10% U.S. winter wheat acreage as well as another cold wave in Europe, which is expected in the coming days. Larger damages are not expected but due to the existing snow cover in many regions.
The yesterday's USDA report brought the realization of a smaller U.S. winter wheat - growing area, the smallest since 1904, the highest U.S. wheat stocks for 29 years and the highest world wheat stocks. In Hamburg the standard wheat premiums 12% remained in protein delivery January almost unchanged at € 4.50 on Euronext März 17.

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