date:Jun 05, 2014
is oversold, one trader also said. French brokers noted a lack of farmer selling due to low premiums on the cash market.
GERMANY German cash wheat premiums were barely changed because of thin buying interest as Germany again experienced excellent crop weather. Standard new-crop wheat for delivery in Hamburg from September was offered for sale unchanged at 4 euros over the Paris November contract. Buyers were offering 3 euros over Paris.
Crop weather in Germany is almost perfect in my view,