Colosseum a.s. (Colosseum a.s.)
Commodities  |  September 19, 2012 08:35:28

Wheat zlevňovala second day

ColosseumFutures contracts on wheat in Chicago yesterday weakened the second day in a row due to rainfall that fell in the South American Great Plains. These rainfall could help crops in the U.S., where wheat is the fourth most important agricultural commodity in terms of the size of the crop. In August, for example, fell in the state of Kansas to four times greater than the amount of precipitation in the regular season. This allows farmers in the U.S. state start sowing winter wheat at the end of September, which is unusually early. December wheat futures on the CBOT yesterday fell by 1.7% to 863.50 cents per bushel.

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