Importers are actively purchasing wheat and supported prices

2017-11-13 12:18:14
Machine translation
Importers are actively purchasing wheat and supported prices

After Egypt tenders for the purchase of wheat held Algeria and Tunisia.

 

the Algerian grain operator OAIC at the tender 09.11.17 gained 210 thousand tons of milling wheat, European and Argentinean production conditions C&F price 210,5-211,75 $/t for delivery in December this year.

 

Tunisia at the tender 10.11.17 purchased 100 thousand tons of soft milling wheat with protein 11.5% price 206,93-208,72 $/t C&F, 100 thousand tons of durum wheat at a price 288,29-291,17 $/t C&F and 75 thousand tons of feed barley.

 

  • Thanks to the news about the sale of Algeria French grain December futures milling wheat on Friday on the MATIF rose by 0.25 €/t to 160,5 €/t (187,09 $/t).

 

In Chicago after the publication of balance sheets on grain investors covered short positions. Wheat prices rose slightly following the corn market, which is recovering after the fall on Thursday.

 

the December futures for U.S. wheat has increased:

1.56 $/t to 159,19 $/t for hard wheat HRW in Kansas city,

  • 0,92 $/t to 158,55 $/ton, soft wheat SRW in Chicago

At the same time hard spring wheat HRS in Minneapolis has decreased on 0,18 $/t to 237,91 $/t