05.
09.16
09:26

CBoT corn and wheat prices recover from multi-year lows

Last Friday, the week's trading at the CBoT ended up with rising prices for corn and wheat because of short covers before the today's U.S. holiday. Therefore, the courses easily recover from its multi-year lows.
Traders with short positions wanted to bring your portfolio to safety before the long weekend, "because you never know what can happen".
Corn prices on the CBoT on a seven-year low were dropped last Wednesday, after private crop estimates bpa expect very high average yield of 174,8. The Weizenfutures recorded on the same day on a ten-year low. These courses also rebounded slightly until the weekend. Sales readiness of U.S. farmers has decreased in the meantime, and it comes to a technical recovery of in prices on the spot market.
India has purchased 52,000 tons of wheat in the Ukraine in the last week, and experts expect that the land in this marketing period has to import up to six million tonnes, because there the strategic stocks have fallen below a critical limit.

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.
Help?

Do you have questions about ZMP Live? Our team will be happy to help you. Please feel free to send us a message:

Our privacy policy applies

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