World wheat prices continue to decline
In Ukraine, a decrease in procurement prices for wheat. Most trading companies have fulfilled their obligations under export transactions, and shall refrain from entering into new contracts because the volume of proposals from manufacturers has declined significantly.
Export price on FOB basis for wheat with protein 11.5% of the remains at 183 $/ton, protein 12,5% - 188 $/t. due to the reduced demand and lower prices for flour, the processors reduced the procurement prices for food wheat to 4900-5050 UAH/t at the plant.
on Tuesday, after the Easter holidays resumed trading on the Paris stock exchange. Reaction to falling of quotations on Monday in Chicago was somewhat offset by news of increased export demand for French wheat.
May milling wheat quotations on the MATIF fell by € 1.25/t to 164,50 € /t 176 or $/ton.
After a rapid two-day fall, when soft wheat in Chicago has lost 4,5 $/t, on Tuesday on the American stock exchange has occurred speculative adjustments. In recent days, the wheat prices in the United States pressured the news of favorable weather and improvement of crops.
May the wheat prices in the U.S. rose
- 0.55 $/tonne to 155,24 $/tones for winter SRW soft wheat in Chicago
- at 1.10 $/tonne to 154,05 $/ton for solid winter HRW wheat in Kansas city
- by 3.86 $/tonne to 198,14 $/tonne for hard spring HRS wheat In Minneapolis.