French wheat prices are rising steadily
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Last Update: 2002-04-24
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Source: Internet
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Author: User
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Lead: Paris, April 23 (Reuters) - French wheat prices have not been affected by the EU's tariff hike because of concerns about the dry climate in many parts of France, traders said On Friday, the European Union decided to raise the import tariff of low-quality wheat from 10.32 euros / ton to 15.55 euros / ton "Lack of rainfall did not trigger selling," one trader said Sellers say they are worried about drought in new crops, prompting them to conserve old wheat "After several weeks of dry and cold temperatures, France is now experiencing moderate temperatures A meteorologist claimed that last week's temperature was higher than that of previous years, and only the northern part of France fell on Friday But other traders claim it is too short to worry about the damage caused by the hot weather Another trader added: "if it lasts for more than three weeks, the crops may suffer damage, but it has not yet appeared "The price of standard wheat for April delivery rose to 101.50 euros / ton from 101 euros / ton on Friday From May to June, the price of standard wheat for delivery has stabilized at 101 euros / ton.
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