New season wheat prices in the United States began with the fall

2018-06-04 12:18:17
Machine translation
New season wheat prices in the United States began with the fall

a New season for wheat has begun in the United States from June 1, the prices at all grain platforms.

 

price pressure beginning of the harvest. In the state of Texas has collected 29% of winter wheat in Oklahoma – 15%. In the regions of cultivation of spring wheat promise of favorable precipitation. However, dry weather in the next decade in the South and the Midwest in the near future to support prices.

 

the reduction in the export of American wheat 28,367 million tonnes in 2016/17 MG to 23,743 million tonnes in 2017/18 MG also pressuring the market.

 

the July wheat futures in the U.S. fell:

the

0,64 $/t to 198,69 $/t for solid winter HRW wheat in Kansas city

by 2.94 $/t to 221,93 $/t on a firm spring HRS wheat in Minneapolis.

  • at 1.10 $/t to 192,26 $/t for SRW soft winter-wheat in Chicago

 

the price of French wheat under pressure from Chicago finished the week with decrease and even the depreciation of the Euro did not support quotes.

 

Nearly 80% of wheat crops in France are still in good or excellent condition.

 

the

  • September futures milling wheat on MATIF fell 1.25 €/t to 181,5 €/t (211,96 $/t).