Archive for March 26th, 2014

Wheat Market this Week

European MATIF wheat futures closed the week down slightly at 210.75 euro/mt from Monday’s open of 211.50 euro/mt after Russian-Ukrainian tensions pushed up values across all contracts months…although a signifcantly less rally than seen in prior weeks…EU wheat licenses contiue to be issued at a steady pace with 596,000mt issued during the course of the week…including 536,00mt of soft wheat…giving a marketing year total of 23.2 mmt compared to 16.4 mmt year-on-year…interesting to note that the 2012/2013 export total came ...

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