EUR / USD index rose to 1.1900. WTI crude oil rose to 47.37 USD / barrel.

Euro has become a safe haven now at the backdrop of the confrontation between the United States and North Korea, including American threats since the latest nuclear war on the Asian side. The strengthening of the euro precedes the ECB meeting, which will discuss the prospects for reducing the cost for stimulating the eurozone. The appreciation of the euro will resume pressure on prices in Paris, i.e. which are denominated in that currency.

The huge crop in Russia continues to be a major factor in the market. As CRM AgriCommodities notes that the market has accepted a Russian wheat crop of 85 million tonnes and each price increase is subsequently suppressed by this figure. This will continue until the first serious colds in Russia that will hamper exports. The Russian government is discussing two options for price support in the country. The first is intervention buying wheat and the second export subsidies. According to IKAR, last week export prices of Russian wheat with protein of 12.5% ​​were 179.50 USD / tonne, which is a weekly drop of 0.75 USD / tonne.Oil prices are rising, the Russian ruble strengthens at 57.35 rubles / dollars, the competitiveness of Russian wheat has declined. Russia's difficulties have improved the hopes for a stronger export of French wheat, which is very good in this season.

British farmers continue to benefit from the drought in the country, having already harvested 80% of the wheat crop and 55% of the spring barley.

Strategie Grains publishes its September forecast for EU oilseed production in 2017-2018. In the EU, the rapeseed crop will be 21.65 million tonnes (+ 6.7% vs. 2016-2017), sunflower 8.68 million tonnes (+ 5.1%), soybeans 2.58 million tonnes (+ 4.6%). Compared to the previous month, soybeans and rapeseed crops (-0.26 million tonnes) are declining, and sunflower is rising. The yields of rapeseed in France are better than expected, but in Germany the prolonged rainfall has created problems. The EU is expected to significantly lower Argentina's biodiesel import duty to replace the fuel produced in Europe.

On Friday, corn price with delivery in January in Delian rose 0.8 % helped by Chicago's growth and better results from Chinese auctions during the week. On Friday, 58% of the corn offered by the authorities was bought at 43% on Thursday.

On Friday, the price of palm oil in Delian rose despite the data from Indonesia. In July, Indonesia's crude oil production rose to 3.5 million tonnes from 3.2 million tonnes in June. In July, exports of unrefined palm oil are 2.4 million tonnes (2.2), with higher demand from India, China and the EU. During the month the domestic consumption of palm oil was 848,500 tonnes (937,500).