Wednesday on the stock exchanges increased sharply, the price of wheat
on Wednesday, the market U.S. wheat is not affected in any significant factors. However, trading resulted in appreciable growth of quotations. Even in spite of the large volume of global wheat supply, particularly the us.
at the End of trading support for prices came from Russia, where the Ministry of agriculture declared about the threat of freezing to 650 thousand hectares of crops.
in addition, the market reacted to the escalation of hostilities in the South-East of Ukraine, which is one of the world's largest grain exporters.
the March wheat prices in the U.S. rose
- in Chicago by 4.79 $/tonne to 159,37 $/tones of soft winter wheat SRW,
- in Kansas city by 4.05 $/ton to 161,86 $/tones on hard winter wheat HRW,
- in Minneapolis by 2.66 $/tonne to 204,20 $/tone for hard spring wheat HRS.
In the European market yesterday, prices of wheat futures rose 3.5 to € 169,0 € /t or 182,67 $/t
In Ukraine the price of wheat has not changed, as the hryvnia exchange rate remains at the level of 27 UAH/$, and the exchange rate is also stable. On the basis of CPT-port for wheat offer:
- class 2 $160-166 or 5100-5250 UAH/t,
- class 3 $or 159-164 5000-5200 UAH/t,
- feed wheat $152-155 or 4800-4900 UAH/t