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For the week, wheat in Chicago rose to a 2-year record
For the week wheat quotes in Chicago has added 11%, closing it at $5,11/Bush. ($187,7/t) for the nearest July contract
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The reason of growth of quotations – market concerns of continued drought in the United States, threatening the spring wheat crops.

The highest rate of weekly increase from June 2015, when the quotes in Chicago rose by 15%. And this year, it was the 26 week of the year. In 2015, after rapid growth of quotations within a few weeks moved to an equally rapid fall. Wheat prices have returned to levels prior to the rally.

Photo: agroalem.kz



Translated by service "Yandex.Translation"
Источники: СовЭкон
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