In Chicago, the speculators maintain the price of wheat
Thanks to speculative activity in the wheat site in Chicago quotes growing second trading day in a row. Investors closed short positions.
Support is also a nearby market of soybeans that is warmed up thanks to the revival of export demand in Asian markets.
Quotes of winter wheat futures for December rose:
- 0.64 $/ton to 143,02 $/tones of soft wheat SRW in Chicago
- 0.09 $/tonne to 143,39 $/tone for hard wheat HRW in Kansas city.
At the same time by 2.02 $/tonne to 197,49 $/ton fell hard spring wheat HRS in Minneapolis.
On Euronext in Europe, the price of wheat continues to fall and is now 156,50 euros/ton or 168,14 $/ton.
prices In Ukraine supports the devaluation of the hryvnia to 26.10 UAH/$. Wheat is now trading at:
- 2 gr - 158-162 $/ton or 4600-4850 UAH/ton,
- 3 gr - 156-159$/ton or 4600-4850 UAH/ton,
- feed - 147-153 $/ton or 4350-4600 UAH/ton.