Colosseum a.s. (Colosseum a.s.)
Commodities  |  November 13, 2012 08:35:28

Most wheat cheaper per month

ColosseumThe biggest fall in a month ago reported yesterday on the Chicago CBOT wheat due to weakening demand for the grain grown in the U.S.. Exports of U.S. wheat in the marketing year beginning 1 June was lower by 12% at 10.8 million tons. In addition, the obligations for delivery of wheat in the future are now 10% below the overall level of 15 million tons. All in the same period last year. Demand is lower mainly due to high prices of wheat caused by the worst drought in decades. December wheat futures ended yesterday so drop by 3.2% to 857.75 cents per bushel.

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