CBOT wheat futures decreased under influence of currency factor

22.11.2016

During the reporting week (November 10-17) CBOT wheat futures decreased by 0.4%, reports UkrAgroConsult. On spot market French wheat supply prices also declined, while US wheat prices remained unchanged. Black Sea wheat prices kept strengthening.

Price reduction in Chicago was triggered by the currency factor. By the end of the reporting week US dollar had strengthened to its maximum over the last 13 years against other major currencies, which may have a negative impact on US wheat exports.

wheat cme

Check up prices and enjoy free online charts on our website. Daily updated commodity exchange prices (CBOT, ASX, BCE, MATIF, WCE, LIFFE) and cash market quotations for wheat, corn, barley, soybean, sunflower and other agricultural commodities in Ukraine, Black Sea region and world are available in section "Prices and Futures".

 

UkrAgroConsult

 

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