Prices for hard wheat growing, and on a mild drop

2019-09-25 12:10:58
Machine translation
Prices for hard wheat growing, and on a mild drop

Forecasted for next week, precipitation in the form of rain and snow in the Northern U.S. and southern Canada push up prices for hard spring wheat in Minneapolis, but this was not supported by the quotes on other exchanges.

 

the Increase in the supply amid low demand from importers weighs on markets, but the revitalization of the tender this week will be able to maintain prices.

 

State Agency Jordan bought a batch of wheat with protein 11% price 221 $/t CFR, which is 2.5 $/t higher than the price of the previous trading session on September 10.

 

Bangladesh announced a tender for the purchase of 50 thousand tonnes of optional origin wheat.

 

Taiwan has canceled a tender for the purchase of 110 tonnes of us hard chervonoarmyska wheat for delivery in November and December due to the high price.

 

the Turkish operator TMO has announced a tender for the supply of 32 thousand tons of hard wheat in batches of 8 tonnes to Mersino for shipment from October 8 to November 8.

 

Egyptian GASC today will hold a tender for purchase of wheat with delivery 26жовтня-Nov 5, who last week was cancelled due to high price offers. Traders will watch the fight of the Ukrainian and Russian wheat European price is significantly decreased.

 

Projected throughout France, the rain will replenish soil moisture reserves and will accelerate planting of winter wheat.

 

  • December futures milling wheat in Paris fell by 1.5 €/t to 170,25 €/t or 187,33 $/t

 

Quotes of durum spring wheat in Minneapolis have been growing due to concerns about the quality of the new crop.

 

prices of winter wheat are gradually declining as increased planting. As of 22 September in the US winter wheat planted 22% of the area compared to 24% average for this date.

 

the December wheat futures in the U.S. had the following dynamics:

0.55 $/t to 148,81 $/t cheaper solid winter HRW wheat in Kansas city

by 2.66 $/t to 200,07 $/ton rose solid spring HRS wheat in Minneapolis.

  • 0.46 $/t to 177,01 $/t cheaper winter SRW soft wheat in Chicago

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