Colosseum a.s. (Colosseum a.s.)
Commodities  |  January 29, 2013 14:16:28

Over the winter wheat crop in the United States hangs

ColosseumThe third day the stock market reinforces the Chicago Board of Trade CME Group within the most active futures contract price for wheat. This is a response to a reduced quality rating of varieties of winter wheat. Rating of winter wheat in Kansas, USA, which is the largest producer of that kind in the United States, was reduced again to 27 January compared to the December estimate, in connection with the continuing drought, the worst since 1930. An indication of good to excellent in that area was marked with only 20% of the total sown wheat. In December last year it was 24% in November, 29%. According to the U.S. Department of Agriculture is the worst since at least 1985, when he referred to the office to collect data. In the U.S. Oklahoma, according to the USDA 27.1 good sign marked only 5% of winter wheat.Mark of excellence in this area was not possible to identify even 1% of the total. Wheat futures with delivery date in March increased to Exchange Kansas City Board of Trade during the current month by 0.2% to 832.75 cents per bushel. During the last two trading session price rose by 1.4%. At the same time the wheat futures with delivery date in March strengthened to exchange CBOT over the last two days, a total of 1.4% on the price of 779.25 cents per bushel, and growth continues in today's trading session, specifically about 1 cent to 780.25 cents per bushel.

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