Wheat prices reacted to the USDA report

2017-02-10 12:07:05
Machine translation
Wheat prices reacted to the USDA report

Thursday on the Chicago stock exchange quotations of wheat grew by 2.5%. Thus the market reacted to the disclosure of the forecast balance USDA in February, in particular data that relate directly to the United States.

 

Potential export increased by 1.36 million tons, thereby ending stocks reduced by 1.28 million.

 

However, market participants still interested in the question of whether importing countries actively buying wheat at the new higher prices, even if after the reduction of the global supply remains a record.

 

the March wheat prices in the U.S. rose

in Chicago by 4.04 $/tonne to 162,96 $/tones of soft winter wheat SRW,

 

  • in Kansas city at 3.40 $/tonne to 165,80 $/tones on hard winter wheat HRW,
  • in Minneapolis by 4.04 $/tonne to 208,88 $/tone for hard spring wheat HRS.