On Tuesday, the market winter wheat US rushed up. The motives were mostly speculative short covering amid dollar weakness and Vice versa, strengthening the neighboring grain and oilseed markets.
Additional support has brought export news. Japan on the tender is going to purchase 68,055 thousand tons of U.S. wheat. On the USDA for export checked 31% more wheat than the previous week. And finally, Morocco in the framework of tariff agreements purchased 359,998 thousand tons of wheat of the United States.
March quotes of the American winter wheat grown:
soft wheat SRW in Chicago for $2,57 to 159,28 $/ton
hard wheat HRW in Kansas city for $2.66 to 166,08 $/ton
Hard spring wheat HRS in Minneapolis has decreased by $208,15 of 5.51 to $/ton.
Translated by service "Yandex.Translation"
