03.
02.17
07:20

Wheat is heading for a further Wochenplus

Despite a small decline in price this morning are the CBoT Weizenfutures a Wochenplus probably post this week. Short covers support the course level, although the world you see is well supplied by wheat. To the hour, three percentage points higher than the end of last week recorded the CBoT Wheat futures in the front month. Wheat prices rose in three of the last five weeks.
Also yesterday, fund companies bought up the future. The weekly U.S. wheat exports were 451.200 tonnes, just above the highest market expectations (250,000 to 450,000 to).
As the winter weather in the northern hemisphere in winter cereals caused so far no major damage, the price increases in the futures market are limited.

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