Friday, 06 December 2013
US frosts threaten wheat harvest, wheat prices unclear
The wave of cold which has come to the USA from the Arctic, threatens all American agri sector and endangers to gravely reduce winter wheat production.
- According to weather forecasts, the US Great Plains expect probably partial frost killing of winter crops.
- Market analysts consider that 3-4 days of frosts without snow won't be strongly reflected on wheat prices in Chicago. However, if frosts stay longer, the exchange can react by the sharp growth of wheat prices.
Источники:
Agro2b
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