The speculative rise in price of American wheat has ceased

2016-04-28 13:27:27
Machine translation
The speculative rise in price of American wheat has ceased

Speculative inflating the second two weeks of "bubble" in the American wheat market ended.

 

After a two-day growth of quotations investors on Wednesday recorded a profit. This time the price increase was not as significant as last week, and may futures in Chicago has risen only by 4.68 $//tone, whereas the day before they rose to 16.35 $//tones.

 

the May quotes of the American wheat have decreased:

 

  • the in Chicago by 2.02 $/tonne to 174,25 $/tones of soft wheat SRW,
  • the in Kansas city by 0.83 $/tonne to 170,49 $/tone for hard wheat HRW,
  • the in Minneapolis 0.18 $/tonne to 196,02 $/tones hard wheat HRS.