The market for U.S. wheat "remembered" factor in record global wheat stocks. Investors have been on the decline after the speculative rise on Tuesday.
Expectations weekly export sales of U.S. wheat harvest in 2016. reflected the uncertainty of experts, the range was too wide – 350-750 thousand tons.
Maybe Friday the market will get at least one factor support. By statistics Canada should publish the forecast of sowing all wheat in the country, according to experts, it will amount to 22.6 million acres – the lowest in 6 years. It remains to wait for the official forecast.
May quotes of the American wheat have decreased:
soft wheat SRW in Chicago by $1.29 to 153,95 $/ton
hard wheat HRW in Kansas city for $0.92 to 153,13 $/ton
hard spring wheat HRS in Minneapolis by $0.74 to 197,40 $/ton.
Translated by service "Yandex.Translation"
