On Monday the United States grew wheat quotations
on Monday, U.S. wheat has been able to win back lost at the end of last week positions.
Support was provided nearby markets for corn and soybeans, which began to grow after the weather changes to hot and dry.
in addition, investors reacted to the news about the possible reduction of the European crop.
Followed by France, the Association of agricultural cooperatives of Germany predicts a decrease of production of major crops in 2016. In particular, it is expected that the gross wheat harvest will drop by 4.4% compared to the previous year and will account for 25.4 million. Harvest of winter barley will decrease by 4.4% to 9.2 million tonnes, spring barley - by 2.9% to 1.94 million tons, rape - by 1.2% to 4.94 million.
the September wheat prices in the U.S. rose
- the soft wheat SRW in Chicago for 1.75/tone to 157,81 $/ton
- the for hard wheat HRW in Kansas city at 2.30 $/tonne to 154,32 $/ton
- the on a hard spring wheat HRS in Minneapolis by 0.46 $/tonne to 182,98 $/ton.