The main motivation of the investors was speculative: oversold market, as well as the closing of short positions at the end of the month-quarter-year.

An added bonus were the data from the USDA. In order to export wheat inspected by 7.7% more than a week ago, and 67.5% higher than in the same period a year ago.

March quotes of the American wheat have risen:

soft wheat SRW in Chicago for $150,46 of 5.88 to $/ton
hard wheat HRW in Kansas city for $153,86 of 4.59 to $/ton
hard spring wheat HRS in Minneapolis by $3,03 to 198,04 $/ton.