Main page   About us  |  Our news  |   Our services  |  Contacts
Main page guide Feedback RSS       In Russian



   IKAR in Mass Media
   Market prices
   Graphically speaking
   Market studies



   About us
   Our news
   Our services

IKAR in Mass and Industry Media

CBOT wheat ends higher in light bounce from contract lows

Reuters, 24.08.17

CHICAGO, Aug 23 (Reuters) - Wheat futures on the Chicago Board of Trade closed higher on Wednesday on bargain buying and short-covering after nearby months fell to contract lows, traders said.

* CBOT December wheat settled up 1 cent at $4.30 per bushel after setting a contract low at $4.28.

* K.C. December hard red winter wheat ended down 1-1/4 cents at $4.25-3/4 a bushel while MGEX December spring wheat rose 3/4 cent at $6.57.

* Rallies were capped by fears that a bumper Russian wheat harvest would pad already-ample global supplies. Russian consulting firm IKAR on Tuesday raised its forecast range for Russia's 2017 crop to 79 million to 82 million tonnes, from its previous range of 77 million to 80 million.

* Nearly all of France's soft wheat crop this year will surpass the key 11.5 percent protein level, confirming good quality results expected for this year's harvest in the European Union's top producer, provisional data showed.

* Ahead of the U.S. Department of Agriculture's weekly export sales report on Thursday, analysts expected the government to report weekly U.S. wheat sales at 300,000 to 600,000 tonnes.

Last Net Low High Volume change CBOT WHEAT SRW SEP7 403.25 1.00 401.25 408.50 27949 CBOT WHEAT SRW DEC7 430.00 1.00 428.00 434.50 71227 KC WHEAT HRW SEP7 397.75 -1.25 396.25 404.25 9600 KC WHEAT HRW DEC7 425.75 -1.25 424.25 432.00 27639 MGEX SPG WHT SEP7 639.25 -1.75 638.50 645.50 2910 MGEX SPG WHT DEC7 657.00 0.75 655.00 662.00 5923

All viewing: 189

Where The Margin Is
Annual Conference Agribusiness
media feedback

IKAR is a member of International research project Agri Benchmark from May 2010

Agri Benchmark

Putin Is Growing Organic Power One T-34 Tank-Tomato at a Time

Grain | Cereals | Sugar | Oilseeds | Feedstuffs & Ingredients | Meat | Dairy

IKAR. Institute for Agricultural Market Studies.

© 2002-2019  
IKAR. Institute for Agricultural Market Studies
24, Ryazansky str., off. 604, Moscow, Russia
Tel/Fax: +7 (495) 232-9007 | |  Feedback

Rambler's Top100 Рейтинг
Google translate: Google translate: Russian Google translate: German Google translate: French Google translate: Italian Google translate: Portuguese Google translate: Spanish Google translate: Turkish Google translate: Lithuanian Google translate: Chinese Google translate: Korea