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Wheat on the Chicago exchange, 31.03.17
US wheat: speculative motives were stronger than USDA report
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On Friday, the stock swings of the U.S. wheat market went up. The players carried out speculative buying after the release of the quarterly USDA report.

The specialists of the USDA predicted the sowing areas of all wheat for harvest in 2017. lowest with 2019. But it was not a surprise for the market and therefore had a bullish effect.

Wheat stocks in the United States was estimated at 1,655 billion bushels, which was above market expectations 1,627 billion bushels. But the fact of the exchange, yet chose not to notice. anini

May quotes of the U.S. winter wheat was grown

soft wheat SRW in Chicago by $2,02 to 156,71 $/ton
hard wheat HRW in Kansas city by $1,19 to 154,50 $/ton

Hard spring wheat HRS in Minneapolis has decreased by $3,40 to 196,30 $/ton.



Translated by service "Yandex.Translation"
Источники: Agro2b
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