Wheat prices in Chicago rise amid frost in russia
CBOT wheat futures rose on May 3-9. During the week the price increased by 33.2 USc to 619.6 USc/bu.
The frost in russia caused a major reaction on the commodity exchanges, although it is not yet known how much the local wheat crop have been affected. Preliminary, losses may have occurred on an area of 250-300 K ha, which could decrease a crop by 1 M mt.
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Grain” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
Read also
Key agribusiness event BLACK SEA OIL TRADE-2025 – 20 countries on board!
Heat in the US, rainfall deficit in the Black Sea region, and favorable rains in A...
Ukraine. Ukrzaliznytsia has opened a new grain route from Moldova to Chornomorsk
China to cut soybean demand in near future – FAS USDA
Ukraine may harvest 22-22.5 mln tons of wheat
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon