The fall in soft wheat futures in Chicago was reflected in Friday’s trading in Paris. Traders also noted a possible global adjustment due to an increase in corn sowing in the United States. The weakening of the French wheat market has been going on for 4 trading days.
The European Commission lowered the forecast for the European soft wheat harvest by 1.5 million tons to 142.3 million tons, but this is 10.5% more than in the current season.
September milling wheat quotations on the Paris Stock Exchange MATIF declined by € 2.00 to 180.25 € / ton ($ 205.24 / ton).