On Tuesday, the first trading day this week, the U.S. wheat market has again experienced a decrease. This time the reason was speculative sales and a strong dollar, soobshaet news Agency "Grain Online".
The limit for the stock decline was the news from the USDA. For export have been inspected 558,252 thousand tons of wheat, which was 72% more than the previous week and 107 percent more than the same week a year ago.
In addition, this week released the USDA forecast for the sowing areas of wheat in the United States, which is expected to lower the estimated performance compared with the previous one.
March quotes of the American wheat have decreased:
soft wheat SRW in Chicago by $1,84 to 160,20 $/ton
hard wheat HRW in Kansas city by $1.46 to 166,17 $/ton
hard spring wheat HRS in Minneapolis by $1,82 to 198,87 $/ton.
Photo source: meatinfo.ru
Translated by service "Yandex.Translation"
