Wheat prices in the U.S. fell slightly

Precipitation in the area of winter wheat production in the United States, drought in Australia and the precipitation deficit in the South of the black sea region of Russia support prices for wheat. However, trump announced a new round of tension in relations with Mexico on Friday lowered the stock price of wheat in the United States.

July futures on soft wheat in Chicago has lost half of the previous growth, determined by the weather factor. Rainfall, delayed sowing of spring crops and degrade the quality of winter wheat continue, but this factor is offset by trump's decision to impose a 5% duty on goods from Mexico that is the largest buyer of US agricultural products.

Investors are waiting for the answer of Mexico to the strange decision trump massively conducted technical sales.

the July wheat futures in the U.S. fell:

2.21 $/ton to 173,79 $/t for solid winter HRW wheat in Kansas city

4.23 $/t to 202,82 $/t on a firm spring HRS wheat in Minneapolis.

• 4.23 $/t to 184,82 $/t for SRW soft winter-wheat in Chicago

the Market for French wheat on Friday also reacted to a new round of trade war between the US and Mexico that was stopped due to weather problems of growth of quotations.

• September futures for milling wheat on MATIF remained at the level 185,25 €/t or 207,37 $/t