Additional support to the market have weather reports. Dry weather in growing areas of winter wheat is now the main risk to future crops.

The positive attitude of trading have affected the results of the export weeks. External sales of US wheat (453,70 thousand tonnes) was close to the upper limit of market expectations (200-500 tons).

March quotes of the American wheat have risen:

soft wheat SRW in Chicago for $2,39 to 162,04 $/ton
hard wheat HRW in Kansas city by $2,94 to 162,77 $/ton
hard wheat HRS in Minneapolis by $1.56 to 225,79 $/ton.

Photo: oldtext.whotrades.com