Colosseum a.s. (Colosseum a.s.)
Commodities  |  July 10, 2012 11:10:28

Wheat for more than 14 months

ColosseumPrice of wheat during Monday's trading on the Chicago Board of Trade rose again. This is due to persistent drought in the Great Plains. Zero rainfall was recorded in the region such as North Dakota, which is the most cultivated state in the U.S.. Most actively traded September contract wheat strengthened on Monday by 2.7 percent to 828.25 cents per bushel. In addition, the trading price climbed to 844.75 cents, the highest price achieved on 27 April 2011. Since the end of May the price of wheat has shot up by 29 percent. and # 160;

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