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Wheat on the Chicago exchange, 2.12.16
US wheat: the speculators stopped a further fall in Chicago
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On Friday, after a 7-day fall, the market for Chicago wheat has changed.

The fundamental backdrop remains dire. The expectation of a record wheat crop in Australia was added is very large, despite the difficult weather conditions and delays in harvesting, the yield of canadian wheat.

Nevertheless, investors felt that the market of wheat the United States is too oversold and it's time for speculative growth.

December quotes of the American wheat have risen:

soft wheat SRW in Chicago for $142,38 of 5.88 to $/ton
hard wheat HRW in Kansas city for $2.21 are to 143,30 $/ton
hard spring wheat HRS in Minneapolis by $0.73 to 199,51 $/ton.
 



Translated by service "Yandex.Translation"
Источники: Agro2b
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