Colosseum a.s. (Colosseum a.s.)
Commodities  |  January 30, 2013 10:39:28

Turned weak export wheat to decline



ColosseumFor the first time in the last three sessions dropped in yesterday on the Stock Exchange Chicago Board of Trade within the CME Group wheat prices. It was a response to the decline in exports of that commodity from the U.S. According to the U.S. Department of Agriculture, the volume of exports of wheat from the U.S. in the period from June 1, 2012 to January 17, 2013 14.5 million metric tons, which is 12% less than in the same period of the previous year. Wheat futures on the March delivery date weakened during yesterday's 0.3% to the closing price of 777 cents per bushel. The attrition continues mentioned futures contract yet even today, specifically about 3.5 to 773.5 cents per bushel.

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