Just before Christmas, wheat prices are falling
on Wednesday, the third trading day in a row, trading on the American grain platforms ended with a minus. In anticipation of the Christmas holidays, investors are playing on lower prices. In addition, the dollar remains at a historically high level.
add the stock exchanges optimism General fundamental background. With the huge volume of the world offers export demand for U.S. wheat is low.
Grain Commission reported that approximately half of the samples of winter wheat SRW and HRW struck by Fusarium. Spring wheat HRS such problems has not.
the March wheat prices have declined:
- 1.38 $/tonne to 146,79 $/tones of soft wheat SRW in Chicago
- 1.29 $/tonne to 150,37 $/tone for hard wheat HRW in Kansas city