08.
03.22
09:27

New trading limits at the CBoT

Yesterday's trading day in Paris ended with strong price gains. With an increase of 28.75 euros/ton to 422.50 euros/ton. The CBoT also went up steeply. The trading limits were again fully exploited. As of today, the maximum gains or losses are lifted to 130 US cents/bushel. The war in Ukraine is still the course driver for the markets. In Russia, Sovecon analysts have revised their forecast for wheat exports downwards to 33.5 million tons. Despite the difficult political situation, the experts positioned themselves just below previous expectations (-800,000 tons). In the US, the USDA confirmed that wheat exports totaled 343,463 tons, down from the previous week's figure of 429,984 tons.

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