14.
10.16
07:49

Wheat is today tomorrow again with premiums

Wheat prices in Chicago today morning again act premiums and could drive up the biggest gain of the week with more than 6% for almost a year. Fund companies, who hold short positions, a historically large inventory bought SRW wheat yesterday 11,000 slots. There is indeed ample wheat on the world, but, the question is whether there are sufficient qualities available. The qualities in France are bad and in Australia, the conditions are currently unfavourable. In some US - wheat-growing area it is too dry. Yesterday, Egypt bought 180,000 metric tons of wheat. 60,000 tons in Russia and 120,000 tonnes in Romania. First, it was said that U.S. wheat had priced front nose. The offer but was disqualified because durum wheat was offered, but not written out.

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