CBOT wheat prices strengthened due to adverse weather conditions


Over the period under review (April 27 - May 04), CBOT wheat prices gained 5.86%. In the spot market, the US wheat supply prices strengthened on average by USD 5/MT, due to adverse weather conditions in Kansas, reports UkrAgroConsult. milling wheat cbot

Rains and waterlogging in the US winter wheat producing regions support the CBOT wheat futures during almost the whole week. Traders were waiting for information on damages from adverse weather conditions in the western Kansas, which would be available no sooner than in a week.

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