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.