Colosseum a.s. (Colosseum a.s.)
Commodities  |  February 05, 2013 16:20:28

Export pšencie from the U.S. declines

ColosseumThird consecutive weakened during yesterday's trading session on the Stock Exchange Chicago Board of Trade CME Group within the most active futures contract for wheat. This is a response to signs of declining demand for U.S. stocks mentioned commodities. According to the U.S. Department of Agriculture (USDA) decreased number of inspections of wheat for export in the last week compared to the previous week by 32%. In the week ending 31st January was tested in the U.S. 15.2 million bushels. In the previous week, according to the USDA tested 22.3 million bushels. One of the reasons behind the decline of wheat from the United States to strengthen the dollar against a basket of six major currencies, which reduced the attractiveness of that commodity in the eyes of overseas candidates. Wheat futures on the March delivery date weakened during yesterday's trading session on the exchange CBOT by 0.3% to the closing price of 763 U.S. dollars per bushel.In the last 3 days the price of wheat has fallen by 16.5 cents per bushel.

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