Colosseum a.s. (Colosseum a.s.)
Commodities  |  February 28, 2013 13:45:33

Wheat strengthens on the third day



ColosseumSecond consecutive strengthened in yesterday's trading session on the Stock Exchange Chicago Board of Trade CME Group within the most active futures contract price for wheat. This was due to speculation, according to which the decline in wheat prices this year will increase the demand by manufacturers of compound feedingstuffs who will replace her so commonly used, but more expensive corn. According to government data, the bushel of wheat sold during Tuesday near U.S. ports in Kansas City about 38 cents cheaper compared bushel corn. Wheat futures on the May delivery date strengthened during yesterday's session at the exchange CBOT by 0.1% to the closing price of 712 cents per bushel. Traded volume was 82% above the average for the past 100 days. The growth continues futures contract also mentioned in the present day, yet by 6.5 cents to 718.5 cents per bushel. and # 160;

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