Wheat exchanges finished the week speculative reduction of prices
the wheat Trading on the stock exchange in Paris on Friday took place under pressure from a rapid harvest of soft wheat in the country, which, according to experts, could be completed in a week.
Traders believe that the country will be able to collect 39-40 million tonnes of soft wheat of average quality good and close to the record of 2015, when it was collected 40.9 million tons.
- September futures for milling wheat on MATIF fell by 0.5 €/t up to 175,25 €/t or 195,12 $/t
Chicago investors booked profits after the previous two days growth, because I was not confident in the future growth rates.
in addition, the market puts pressure forecast a record wheat crop in Argentina at the level of 21 million tons, whereas domestic consumption is approximately 6 million T.
the September wheat futures in the U.S. fell:
2.02 $/t to 158.73 $/t for solid winter HRW wheat in Kansas city.
- 1.29 $/t to 182,25 $/t for SRW soft winter-wheat in Chicago
increased by 0.55 $/t to 192,72 $/t hard spring HRS wheat in Minneapolis.