Colosseum a.s. (Colosseum a.s.)
Commodities  |  December 14, 2012 08:35:28

The amount of bulls in the market with wheat declining rapidly

ColosseumTraders in the market for wheat are the least optimistic in the past four weeks after the USDA estimate global inventories increased by 1.6% to 176.95 million tons. The market had expected a decline. Thirteen analysts polled by Bloomberg expected the following week growth rates, one is neutral, and 10 predicts decline. This is the lowest number of growth estimates from 16 November. Hedge funds have reduced from 7 August their bets on the growth of wheat prices by 57%. The price of wheat has stagnated at 808 cents per bushel. and # 160;

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