Wheat area Chicago started the trading week with declines. Quotes wheat fell for the 4th trading day in a row.
Factor huge stocks of wheat in the world and separately in the United States presses on the market. Investors have carried out speculative sales amid the dollar strengthening.
Additional pessimism of players was caused by weak export prospects nearest. On the USDA for export only checked 221,985 thousand tons of wheat, which is lower than last week (434,001 million tons), but also the expectations of the experts (325-525 thousand tons).
December quotes of the American wheat for November 28:
soft wheat SRW in Chicago has decreased by $2,30 to 143,11 $/ton
hard wheat HRW in Kansas city increased by $0.09 to 151,20 $/ton
hard spring wheat HRS in Minneapolis by $2,57 to 198,87 $/ton.
Translated by service "Yandex.Translation"
