Thursday, 22 September 2016
Wheat on the Chicago exchange, 21.09.16
US wheat: speculative growth on stock exchanges continues
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U.S. wheat has lost the support of the neighboring markets – corn and soybeans, where players began to fix profit after a very active 3-day growth. However, despite this, wheat platform continued to creep up. However, in General, at the closing of the investors short positions.
A fundamental basis for positive traders found ... in India. The country increased imports of wheat, which, in the opinion of speculators that helps to solve a problem of huge global supply.
December quotes of the American wheat have risen:
soft wheat SRW in Chicago for $0,64 to 149,82 $/ton
hard wheat HRW in Kansas city for $1,38 to 155,15 $/ton
hard spring wheat HRS in Minneapolis by $1.29 to 181,79 $/ton.
Translated by service "Yandex.Translation"
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