Monday, 04 June 2018
US wheat: the exchange began to influence the harvesting of winter wheat
The entire second half of last week, the market for American wheat was characterized by speculative volatility. On Friday, after rising on the eve of the quotations of the nearest futures on all three wheat sites declined as a result of sales by investors.
The market began to influence the beginning of the harvest. On 01 June in the state of Texas was removed 29% of the area, and in Oklahoma is 15%. In addition, in the areas of production of spring wheat were favorable rains partially seized and territriyu Canada.
July quotes of the American wheat have decreased:
- soft wheat SRW in Chicago by $1.10 to 192,26 $/ton
- hard wheat HRW in Kansas city for $0,64 to 198,69 $/ton
- hard wheat HRS in Minneapolis by $2,94 to 221,93 $/ton
Translated by service "Yandex.Translation"
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