Monday, 05 June 2017
Wheat on the U.S. stock exchanges becomes cheaper from-for expectations of early harvest
Two American exchanges, the Chicago and Kansas city, have begun falling of quotations on wheat
The reason was the possibility to start harvesting earlier than usual, said market operators.
Under forecasts of weather forecasters, the U.S. expects the dry weather that makes you stay ahead of the harvesting time. The same weather will be in Minneapolis, but there are experts predict the death and damage of the crops.
The prices of the contracts in key States fell to 157,63 (-0,09) and 158,27 (-0,37) dollars per ton, respectively. Recall that the first of these contractuals soft, the second hard wheat. Only in Minneapolis, where a solid spring culture, contracts significantly increased from 210,17 to 212,65 dollars. Also the prices here have been increasing for two consecutive days.
Photo: oldtext.whotrades.com
Translated by service "Yandex.Translation"
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Национальное аграрное агентство
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