With a deep red sign, the wheat futures on the Matif went south on Friday and thus the courses had to give up a large part of their gains from the previous days. Trading was characterized primarily by profit-taking. The CBoT also started the weekend with heavy losses. The increased trading limits have been fully exploited. With a view to the coming weeks, many traders and importing countries are trying to find alternatives to wheat from Russia and Ukraine. Restrictions on the Black Sea are expected to continue, so that European goods could also come into play.
