The increase in production forecasts have fallen off of the price of wheat

Experts Informa (USA) has increased the forecast of wheat production in Ukraine in 2019/20 MG 1.2 million tonnes to 28 million tonnes and in Russia by 5 million tonnes to 82 million tonnes This estimate exceeds the forecasts of other agencies, but they may soon increase its estimates due to the favorable warm weather with precipitation.

September futures of French wheat last week fell 3 days in a row after the U.S. markets and under pressure from forecasts of increased production in the world, and, in particular, in the major exporting countries.

• September wheat futures MATIF decreased on 0,25 €/t up to 171,5 €/t or 191,85 $/t

Wheat exchange, the United States ended the week down as investors began to fix profit after the previous price increases. The market pressured the predicted increase of winter wheat yield in the United States and total world production in 2019/20 Mr.

as a result of the Kansas crop tour, the yield of winter wheat in the state could grow to 47.2 bushels/acre, which is 17.4% higher than the average 5-year average.

July futures in the U.S. fell:

1.29 $/t to 147,52 $/t for solid winter HRW wheat in Kansas city

2.11 $/t to 189,23 $/t on a firm spring HRS wheat in Minneapolis.

• to 2.20 $/t to 160,93 $/t, in winter SRW soft wheat in Chicago