Colosseum a.s. (Colosseum a.s.)
Commodities  |  February 26, 2013 14:47:28

Wheat fell to an eight-month low

ColosseumAt level eight-month lows fell during yesterday's most active futures contract price of wheat on the Chicago Board of Exchange Trade within the CME group. The aforementioned contract responded to speculation by which yesterday's snow storm in the Great Plains help, after a recent drought, improve the condition of wheat before the grain goes from the stage to the growth of winter inactivity. Up to 91% of the central and northern parts of the Great Plains plagued by February 19 for the current period of unusual drought. Wheat futures on the May delivery date weakened in yesterday's trading session on the exchange CBOT 1.9% to the closing price of 705.25 cents per bushel. During the day vyklesal up to 704 cents, the lowest for the most active contract since June 25 last year.

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