The CBoT's wheat prices rose to a one-month high yesterday, and this morning they are continuing to grow. The reason for this is the bitter cold in much of the US, which also affects the large wheat-growing regions. Since there is little snow, there is a risk of Auswinterungen.
The USDA announced yesterday for the week from 21 to 28.12. Wheat exports of 274,506 tonnes. The market observers had expected significantly more.
Text: HANSA Derivatives Trading GmbH / / Graphic: Saxo-Trader