Colosseum a.s. (Colosseum a.s.)
Commodities  |  January 28, 2013 13:45:38

Wheat recorded the best sales week for the last more than a month

ColosseumIncrease in the price level of a two-week lows recorded in the last trading session last week at the Exchange Chicago Board of Trade CME Group within the most active futures contract for wheat. It was a response to a government report that revealed an increased demand for U.S. stocks mentioned commodities. According to the report by the U.S. Department of Agriculture export sales increased pšeniceand # 160, in the U.S. in the week ending January 17 compared with the previous week by 6.8% to a total of 572,545 metric tons. It was also the strongest sales last five weeks. Wheat futures strengthened on the basis of that of the last trading session last week by 1% to the closing price of 776.5 cents per bushel.

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