On the eve of holidays wheat prices in the US and the EU are moving in different directions
Trading on wheat ground in Chicago on Thursday ended with a minus.
Traders expect the winter crops of plants will improve after rain, who recently passed over parts of the U.S. Plains, where wheat. Perhaps USDA will celebrate it at the nearest monitor. Besides, weather forecasters predict continued rain.
has Played a role of the speculative factor. On the eve of the three-day Easter holidays investors played at lower prices.
the May futures for U.S. wheat fell:
- 1.29 $/tonne to 157,90 $/tones for winter SRW soft wheat in Chicago
against the background of predictions about the improvement of the export prospects for French grain investors stepped up buying. In addition, market participants hope that it will soon increase the import of wheat Morocco and some Asian countries.