CBOT wheat prices remained unchanged, though bearish factors prevailed

04.04.2017

CBOT wheat prices closed the reporting week (March 23-30) unchanged. At the beginning of the week, CBOT futures got support from technical factors. Nevertheless, in general, bearish factors and trends prevailed in the market which offset the price growth, reports UkrAgroConsult. wheat cme

Rains in the producing regions of the USA replenished soil moisture reserves and were expected to improve winter wheat conditions.

Weekly export contracting of US wheat decreased by 23.6% during March 16-23. However, this volume was 44.7% higher compared to the previous season’s level.

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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