Colosseum a.s. (Colosseum a.s.)
Commodities  |  November 08, 2012 10:39:28

Exchange CBOT wheat to achieve the maximum five-week



ColosseumAt level five-week highs strengthened during yesterday's trading session on the Stock Exchange Chicago Board of Trade CME Group within the most active futures contract for wheat. It was a response to the speculation, according to which during the current marketing year, global wheat supplies noticeably Ubud. The reason could be due to drought worsening condition of grain in the U.S. and vice versa due to rains delayed planting in some parts of Europe. In the United States on November 4 to mark good to excellent marked with only 39% of winter wheat, which is the worst week for the mentioned result for the last 27 years, since the data began to be collected U.S. Department. Wheat futures on the December delivery date strengthened in yesterday's trading session on the exchange CBOT 1.9% to the closing price of 894 cents per bushel.During the day, reaching up to 897 cents, the highest since October 1 this year.

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