Wheat prices for the week remained unchanged

After the jump earlier in the week that the escalation of conflict between Ukraine and Russia, wheat prices at the end of the week returned to the previous level. Low demand from importers does not support prices, and the crops of the new harvest are in good condition.

the

Futures on milling wheat in Paris on Thursday fell by 1.25 €/t to its lowest since November 20, level 201 €/t or 228,96 $/t

lagging behind the pace of export soft wheat from the EU compared to the previous season per week increased from 27% to 29%.

Speculators, who on Wednesday warmed up wheat area in Chicago, on Thursday moved to sales, which is slightly lowered price.

quotes On crushes low wheat exports from the United States, who last week was only 377,1 million tonnes, although this figure is within the expert expectations.

the Increase in the agriculture Ministry forecast wheat crop to 69.3 and 70 million t of additional impact on the market.

March wheat futures on US exchanges fell:

the

1.29 $/t to 208,70 $/t on a firm spring HRS wheat in Minneapolis.

1.38 $/t to 186,56 $/t for SRW soft winter-wheat in Chicago
this rose 0.09 $/t to 180,96 $/MT of hard winter HRW wheat in Kansas city.

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