On Monday, the U.S. wheat market has accelerated the decline that began last week. In just 5 days the fall of the soft wheat in Chicago fell by almost $10/ton.

Forecasters have updated precipitation forecasts in the wheat belt of the United States. Enough of them will spill over producing districts for the next 11-15 days. Good prospects for the future harvest are imposed on the factor remaining huge world stocks of wheat of the crop of 2016.

May quotes of the American wheat have decreased:

soft wheat SRW in Chicago for $3,67 to 158,18 $/ton
hard wheat HRW in Kansas city for $4,68 to 162,68 $/ton
hard spring wheat HRS in Minneapolis by $2.66 to 195,20 $/ton.