Wheat in Chicago continued to fall

2016-06-14 13:50:30
Machine translation
Wheat in Chicago continued to fall

on Monday continued to fall wheat quotes in Chicago. In General, during the last three trading sessions soft wheat in the US has depreciated by 10.38 $.

Seasonal pressure on the stock price continues to carry out the harvesting campaign.

in addition, the market is still under the influence of the June USDA report which increased the forecast of wheat production in the United States by 1.96 million tons, and forecast ending balances in the season 2016/17 MG to 0.59 million tons.

 

the wheat prices in the USA on the July agreements fell:

  • the in Chicago 1.38 $/tonne to 180,50 $/tones of soft wheat SRW,
  • the in Kansas city at 2.85 $/tonne to 169,29 $/tone for hard wheat HRW,

 

the Price of hard wheat HRS in Minneapolis has grown on 0,64 $/tonne to 198,50 $/ton.