Colosseum a.s. (Colosseum a.s.)
Commodities  |  April 09, 2013 11:41:28

Wheat grew to a weekly maximum (9.4.2013)

ColosseumThe maximum level of weekly strengthened during yesterday's trading session on the Stock Exchange Chicago Board of Trade CME Group within the most active futures contract for wheat. It was a response to reports of buying 960,000 metric tons from China, which would have to travel to these countries in the period from June to December 2013th In the development of wheat prices also played a role statement Commodity Weather Group, according to which the drought and cold front with the occurrence of freezing temperatures this week could affect wheat yields in southern Great Plains in the U.S. wheat futures to the May delivery date strengthened within yesterday's session at the exchange CBOT 1.9% to the closing price of 712.5 cents per bushel. During the day, the price of wheat up to 716 cents, the highest since March 28 of this year.

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