CBOT wheat prices gained 0.3% last week

06.09.2017

This past week (August 24-31), CBOT wheat futures gained 0.28%. In the spot market, US wheat prices (September delivery) strengthened USD 8/MT owing to good information on US wheat contracting over the week, reports UkrAgroConsult.

Over the week (August 17-24), the volume of new-crop wheat contracting increased 39% compared to the previous week. Actual shipments (June 01 - August 24) exceeded the last year's level by 15% (7.1 MMT). Farmers continued to harvest spring wheat. By August 27, spring wheat had been gathered from 76% of the intended area, while the five-year average for the reporting date is 66% (79% in 2016). 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

Readers choice: TOP-5 articles of the month by UkrAgroConsult