03.
03.16
07:08

Wheat: Some short covers on 5 ½ - year low

On the 5 ½ year low, there are some traders who close out the short positions of CBoT Weizenfutures and so yesterday and also this morning for a little plus on the Futures Exchange. The fundamental situation remains very downward, because almost overrun the silos in the surplus regions of the world.
Record highs will reach according to the USDA wheat production in the United States, which by 2015/16 contributes to the all time high of worldwide wheat stocks at the end of the Vermarktungssaison.

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