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Wheat on the Chicago exchange, 8.03.17
US wheat: on Wednesday, Chicago dropped by 2%
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At the end of trading Wednesday the market U.S. wheat fell below levels expected exchange experts. One of the reasons for the exchange pessimism has become a huge factor in world wheat stocks. My small contribution made yesterday by France, which increased its forecast of ending stocks due to low exports.

It also took a recent concern about the phenomena of drought in the wheat belt of the American Plains, forecasters expect precipitation in the form of rain.

Also the behavior of the participants in yesterday's trading was determined by the imminent release of the March forecast balance of grain from the USDA.

May quotes of the American wheat have decreased:

soft wheat SRW in Chicago for $3.49 for up to 164,24 $/ton
hard wheat HRW in Kansas city for $2,39 to 171,22 $/ton
hard spring wheat HRS in Minneapolis by $1,84 to 196,39 $/ton.
 



Translated by service "Yandex.Translation"
Источники: Agro2b
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