Wednesday, 31 January 2018
US wheat: stock rally continued on Tuesday
The drought in the winter wheat fields continue to warm US exchanges. Recall that, according to the Sunday monitor from the USDA, Kansas state only 14% of wheat is estimated in good-excellent (37% at the end of December and 44% in the last year on the same date). Forecasters predict a continuation of dry weather in the coming days
March wheat futures in Chicago rose to the highest since 25 October and durum wheat in Kansas city to the highest level since September 29. Growth in wheat sites lasts for 5 days.
March quotes of the American wheat have risen:
soft wheat SRW in Chicago by $2,94 to 168,01 $/ton
hard wheat HRW in Kansas city for $6,15 to 172,60 $/ton
hard wheat HRS in Minneapolis by $0,83 to 226,34 $/ton.
Photo: dpchas.com.ua
Translated by service "Yandex.Translation»
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