The October USDA report wheat has fallen off the quotations in the USA

2016-10-13 12:06:54
Machine translation
The October USDA report wheat has fallen off the quotations in the USA

Immediately after the publication on Wednesday of the October forecast balance of grain from the USDA wheat quotes on American exchanges significantly declined.

 

market Participants are shocked by the possible increase in ending stocks of wheat in the United States by 1.1 million tons to 31 million tons, which will be the highest since 1987/88 season of Mr.

 

Additional pressure on prices has neighboring corn market, where the daily drop was 2%.

 

the December U.S. wheat futures fell.

  • 3.86 $/tonne to 145,78 $/tones of soft wheat SRW in Chicago
  • 2.85 $/tonne to 146,42 $/tone for hard wheat HRW in Kansas city