The prices of the CBoT Weizenfutures fall in three trading days

The CBoT wheat prices fell yesterday to a week low, could recover but in the course of the day somewhat from their lows. This morning, they indulge again because the weather conditions in the United States and the Black Sea for the winter grain have improved.
Today at 18:00 BST, the USDA will issue its January report is included a series of interesting info. For example, the quarterly figures for the grain inventories, a crop estimate, the condition of the winter crops in the United States, as well as the monthly assessments to the global supply and demand for cereals and oilseeds.
For the further development of price for this commodity, the weather in the world's large surplus regions is the most important variable. Second the acreage. US farmers had planted less wheat because the contributions for other crops were better. Today it depends on, how the production of wheat in the United States was severely restricted. A decrease of 5% to 10% would support prices in the stock market.
The recent decline was influenced however by the weather forecast, after until next weekend in the HRW growing regions of the United States of long awaited rain the soil moisture builds and Dewinterizing protects from the wheat.
In the Ukraine, it was snowing before the onset of winter and a 10 to 15 cm thick protective blanket of snow on the grain is located across the country.

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