CBOT wheat futures gained 2.35% last week
During March 9-16, CBOT wheat futures gained 2.35%.
CBOT prices were supported by technical factors and information on winter wheat conditions worsening in the largest states which produce wheat in the USA – Oklahoma and Kansas, reports UkrAgroConsult.
Weekly export contracting of US old crop wheat (264.4 KMT during March 02-09) was within market expectations, and was 24.2% higher than the volume over the same week in 2016.
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