CBOT wheat prices slumped last week

26.04.2017

Over the reporting week (April 13-21) CBOT wheat prices slumped (-6.23%, reports UkrAgroConsult.

Price reduction in Chicago was triggered by the weather factor. Rains in winter wheat producing regions improved crop conditions. At the beginning of the week, 54% of crops were in good and excellent conditions (53% the previous week and 57% last year). This week meteorologists also forecast precipitation, which will contribute to further crop conditions improvement. wheat cme

During April 06-13, contracting of the old-crop US wheat equaled 413.9 KMT (-11.2% compared to the same week last season).

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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