On Wednesday, the wheat area in Chicago started to win back losses the previous trading day.

Seriously cheapened over the past week, US wheat has become more competitive in foreign markets, and confirmed that yesterday's tender in Egypt, where the States, although did not win, but on FOB basis were some of the most attractive.

Additional support to the market given the weakening of the dollar.

May quotes of the American wheat have risen:

soft wheat SRW in Chicago by $2,02 to 160,20 $/ton

hard wheat HRW in Kansas city for $1.75 to 164,33 $/ton

hard spring wheat HRS in Minneapolis by $2,94 to 198,60 $/ton.

Photo source: agroportal-ziz.ru