Tuesday was characterized by stability of wheat quotations in the USA
At the end of yesterday's trading quotations of wheat on the September agreements in Chicago were unchanged. Stock market players fixed profit after the previous two days of rising prices, and that compensated for the news about the decline of the wheat crop in France.
As of 09 Aug prices of us wheat and had the momentum.
- remained at the level of 153,22 $/ton soft wheat SRW in Chicago
- was up 0.09 $/tonne to 150,65 $/tonne hard wheat HRW in Kansas city
- was down 0.46 $/tonne to 183,07 $/t hard spring wheat HRS in Minneapolis.
Stock quotes of French wheat albeit slowly, but still heading South. On the market pushing information about good quality wheat in some regions of France, as well as forecasts for a record U.S. harvest in Russia could reach 115 million.
Price of milling wheat on the September agreements at the Paris MATIF fell by 0.50 Euro/ton to 165.00 Euro/tone or 183,32 $/ton.