Trading environment again, the third trading day in a row, ended market for U.S. wheat in the red. In anticipation of the Christmas holidays, investors are playing on the slide. In addition, the dollar remains close to historical highs.
And the fundamental background does not add to the stock of optimism. Global supply is huge, and the export demand for us wheat is low.
Grain Commission USA stated that about half of tested samples winter wheat SRW and HRW struck by Fusarium. Spring wheat HRS such problems has not.
March quotes of the American wheat have decreased:
soft wheat SRW in Chicago by $1,38 to 146,79 $/ton
hard wheat HRW in Kansas city for $1.29 to 150,37 $/ton
hard spring wheat HRS in Minneapolis by $0,46 to 198,23 $/ton.
Translated by service "Yandex.Translation"