02.
02.17
07:28

CBoT wheat prices also reflect a part of yesterday's gains

After its biggest rally in a month, triggered by short coverings by fund companies, the courses of the CBoT Weizenfutures play off this morning a part of yesterday's gains.
The price increase limit worldwide variety of grains and oilseeds and better weather conditions in South America. The CBoT wheat prices rose yesterday by three percentage points.
Another negative catalyst for the price development in the near future could be trade disputes between the United States and its major agricultural products importers such as Mexico and China.
Experts fear that U.S. farmers remain on greater than sit feared residual stocks of corn and soybeans, because trade policy under Donald Trump could interrupt exports.

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