Wheat in the United States comes after the collapse

2016-05-05 13:06:16
Machine translation
Wheat in the United States comes after the collapse

on Wednesday, the U.S. wheat market tried to recover after the collapse, which occurred the day before. Investors closing short positions allowed quotations to rise moderately.

 

in General, the wheat exchange, the US still are influenced by the latest weekly USDA report on condition of winter crops. If in the previous monitoring 59 % of crops were estimated on the "good-excellent" in the latest report that assessment got 61 % of crops, while a year ago on the same date, the figure was 43 %. For Kansas state analysts predict the highest since 2012 the yield.

 

the May quotes of the American wheat increased slightly:

  • in Chicago, 0.28 $/ton to 169,20 $/tones of soft wheat SRW,
  • in Kansas city 0.74 $/tonne to 163,14 $/tone for hard wheat HRW,
  • in Minneapolis 0.18 $/tonne to 196,48 $/tones hard wheat HRS.