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Wheat on the Chicago exchange, 20.07.17
Thursday Chicago changed "minus" to "plus"
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Thursday threatened to become another day of the fall September contract wheat at Chicago. Almost all day trading platform traded in the red. But the ending of trading brought the market in plus.

Support came from the next market for yellow maize where daily growth of 2.1% provided projections transfer heat to the territory of the "corn belt" of the Midwest, which is very dangerous for the crops at a critical stage of their development.

Another important factor was the unexpectedly high rates of weekly export sales of US wheat.

Well, you can't ignore the purely speculative motives. Investors felt that the market is too oversold as a result of nearly a week of fall.

September quotes of the American wheat have risen:

  • soft wheat SRW in Chicago by $1.01 to 185,83 $/ton
  • hard wheat HRW in Kansas city for $1.29 to 185,09 $/ton
  • hard spring wheat HRS in Minneapolis by $0.92 to 285,86 $/ton.


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