Monday wheat area in Chicago continued speculative strengthening. Investors as at the end of last week, closing out a short position.

Additional support was provided by the neighboring corn market. Traders did not expect such a significant decline in USDA forecasts the sowing area of this crop. anini

May quotes of the American wheat-April 03:

soft wheat SRW in Chicago by $0,46 to of 157.17 $/ton
hard wheat HRW in Kansas city fell by $0.55 to 153,95 $/ton
hard spring wheat HRS in Minneapolis has decreased by $1,19 to 195,11 $/ton.