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

Wheat more expensive due to drought



ColosseumPersistent drought in the American Great Plains worsen the conditions for cultivation of winter wheat. Eg. in parts of Kansas and Oklahoma State dropped in the last 30 days, only small amounts of rainfall. Last week, while the mentioned areas affected smaller showers, but they were enough just help the plants take root, but not enough to irrigate the subsoil. The December wheat yesterday on the Stock Exchange CBOT strengthened by 1.4% to 868.50 cents per bushel.

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