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Financial investors expand long position in Euronext wheat

Financial investors expand long position in Euronext wheat
agriculture.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agriculture.com Daily Mail and Mail on Sunday newspapers.

Financial investors expand net long position in Euronext wheat

Financial investors expand net long position in Euronext wheat
agriculture.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agriculture.com Daily Mail and Mail on Sunday newspapers.

French wheat shipments hit May low, barley buoyed by China

By Forrest CrellinPARIS, June 3 (Reuters) - French soft wheat shipments outside the European Union fell to their lowest in at least a decade for May, with steady loadings for Algeria standing out in an end of season lull, Refinitiv data showed.Soft wheat exports to destinations outside the EU-27 and Britain totalled 273,600 tonnes in May, the 11th month of the 2020/21 season,

Rising wind power supply weighs on spot prices

The French day-ahead contract shed 2.4% to 50.75 euros/MWh. Solar generation is forecast to diminish in all central-western Europe while wind power is rising, Refinitiv analysts said, adding that this trade-off may leave certain hours with a lower residual load than today. Electricity generation from German wind turbines is expected to more than double to 11 gigawatts (GW), jumping 6.6 GW day-on-day, while solar power generation is expected to drop 2.8 GW to 3.5 GW, Refinitiv data showed. French wind power supply is expected to add 420 megawatts (MW) to 2.1 GW, the data showed. French nuclear power availability rose 1.5 percentage points to 70.2% of available capacity on Wednesday.

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