Without the support of Chicago European wheat prices dropped
on Monday, the grain exchange in the United States did not work, as the country celebrated memorial Day. Therefore, the European exchange traded without his usual guide – Chicago Board of CBOT.
against the background of the small volume of wheat futures trading the French stock exchange closed with a slight decrease in quotations. The traders anticipate the deterioration and decline of gross yield of wheat of the new crop due to adverse weather conditions. For several days in Europe, there are heavy rains with gusty Gale force winds.
September quotes milling wheat on the Paris MATIF fell by € 0.25/tonne to € 166,75/tone or 185,62 $/ton.