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Wheat on the Chicago exchange, 10.07.17
After two days of decline, U.S. wheat market resumed its rapid growth
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Fresh USDA monitoring showed a further deterioration in the spring wheat. Now only 35% of crops were estimated as "good-excellent", which is 2 points lower than a week earlier. In the stage of earing went in 79% yield, compared to 89% last year. And meanwhile, weather forecasters promise strengthening of heat in the Northern regions of the American Plains.

Experts expect the USDA in its July report, which will be released Wednesday, will reduce the forecast of wheat production in the United States, at least 2.5%.

September quotes of the American wheat have risen:

 

  • soft wheat SRW in Chicago for $5,51 to 202,09 $/ton
  • hard wheat HRW in Kansas city for $5,24 to 204,75 $/ton
  • hard spring wheat HRS in Minneapolis for $11, 30 to 293,03 $/ton.


Translated by service "Yandex.Translation"
Источники: Зерно Он-Лайн
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