CBOT wheat prices strengthened by 2% last week


During the reporting week (February 02-09) CBOT wheat prices strengthened by 2.07%, reports UkrAgroConsult.

At the end of the week the prices were supported by the USDA report in which the global wheat ending stocks estimates were reduced for the current season.

A bullish trend at CBOT was also triggered by the weekly data on the US wheat export contracting (January 26 - February 02), which grew by 6.5% and exceeded the market expectations.

Описание: http://www.uaindex.net/content/graphs/month_productsdata_2_small.png

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