02.
05.24
10:33
Precipitation in the US puts pressure on wheat prices

Wheat prices under pressure

Wheat prices on the Matif closed in the red again on Tuesday. May futures, which expire next week, lost €3.25 to €205.00 per tonne. September also fell by €3.25/tonne and closed at €226.75/tonne. There was no trading in Paris on Wednesday.

The US wheat exchanges came under pressure as abundant rainfall is expected, including in the drought-affected regions. In Chicago, July futures lost a total of 9.25 to 599.25 US cents/bushel in the last two trading days. Expectations for weekly US wheat export sales of the old and new crop are between 0.1 and 0.6 million tons. A revival is not expected, as Russia is also continuing to export wheat at record levels.

Precipitation in the US puts pressure on wheat prices
Source
ZMP Live
Rückrufservice
Please describe your request so that we can prepare for the callback.
Yes, I have read the Privacy Policy note and I consent that the data provided by me, including the contact data, for the processing of the inquiry and in case of questions are electronically collected and stored. My data will only be used strictly for my request and will not be passed without my consent. This consent can be revoked any time with effect for the future.'
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Register now

Jetzt registrieren und ZMP Live+ 14 Tage kostenlos testen!
  • Dauerhaft kostenfrei
  • Keine Zahlungsinformationen erforderlich