Chicago collapsed under the pressure of the MATIF and the new crop
After the previous three-day growth on Tuesday collapsed wheat quotations on grain platforms USA.
the Harvesting of winter wheat is completed, farmers are beginning to hedge the yield, which consequently affects stock price.
also on the prices presses a two-day drop in prices on the Paris MATIF, where, after a meteoric rise late last week going on the speculative price adjustment.
the September wheat prices in the United States collapsed:
- the soft wheat SRW in Chicago by 5.14 $/tonne to 152,48 $/ton
- the for hard wheat HRW in Kansas city by 4.13 $/tonne to 151,38 $/ton
- the on a hard spring wheat HRS in Minneapolis by 3.86 $/tonne to 178,76 $/ton.