date:Jun 04, 2014
173,249 tonnes out of the Gulf. US SRW wheat is still seen $9 or $10 a tonne cheaper than French wheat for June but Black Sea wheat is quoted $5 to $7 a tonne cheaper than US Gulf FOB values, traders said. Winter wheat harvest is just starting in the southern states, including the HRW crop in Texas and the SRW harvest in Mississippi and Louisiana. The harvest should pressure FOB and CIF values at the Texas and Louisiana Gulf over the next month.
SRW September offers were quoted at 62 cents ove