In the Egyptian tender was won by Russian wheat

2018-01-10 12:20:07
Machine translation
In the Egyptian tender was won by Russian wheat

At yesterday's Egyptian tender operator GASC has purchased 115 thousand MT of Russian wheat on the terms of delivery for 11-20 February for 192,6 $/t FOB, which is slightly below the price of wheat, the winner of the previous tender.

 

Romanian wheat was offered at 204,75 $/MT FOB, while Russian asked 197-202 $/t

 

the price of wheat on world markets were mostly up yesterday.

 

After a three-day fall on Tuesday started to grow soft wheat quotes in Chicago amid forecasts of analysts on sowing areas of winter wheat in the United States.

 

In Friday's report USDA will publish an official estimate of the acreage of winter crops. Experts now believe that U.S. winter wheat planted 31,307 million acres, which is 4.3% lower than in the previous year. In the previous forecast experts USDA evaluated the area sown to 32 million acres.

 

March U.S. wheat futures rose:

2.11 $/t to 161,30 $/t for solid winter HRW wheat in Kansas city.

1.93 $/t to 231,76 $/t on a firm spring HRS wheat in Minneapolis.

  • 1.65 $/MT to 158,82 $/t for SRW soft winter-wheat in Chicago

 

Due to the weakening of the Euro against the dollar to 1,205 1,193 wheat prices on the stock exchange in Paris rose slightly.

 

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  • March delivery milling wheat on MATIF rose by 0.5 €/t to 161,5 €/t (192,56 $/t).

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