After a one-time decrease on Tuesday on Wednesday of a futures soft wheat in Chicago went up again. In the market of winter wheat investors was carried out by speculative buying.
Additional support of yesterday's trading gave us fresh weather reports. In producing areas of the southern United States was established abnormally warm weather that threatens the premature awakening of winter crops.
Also, the market has taken into account the intensification of global export demand: tenders for the purchase of wheat announced by Morocco, Jordan, Ethiopia, Taiwan.
Experts expect that weekly export sales of US wheat will be NV the range of 300-500 thousand tons.
March quotes of the American winter wheat grown:
soft wheat SRW in Chicago by $1.93 and to 167,09 $/ton
hard wheat HRW in Kansas city for $1.47-172,42 $/ton
Hard spring wheat HRS in Minneapolis has decreased by $0.09 to 208,70 $/ton.
Translated by service "Yandex.Translation"