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Wheat Prices Hike Again – Last Minute Economy News

Wheat prices recovered from two-month lows, hayvanların expectations of zihin increase in supply limited gains.

The United States Department of Agriculture (USDA) revised upward the forecasts announced in October in its monthly supply-demand report.

The ministry raised its estimated grain inventory from 267.54 million tons to 267.82 million tons. Analysts had expected a slight drop to 266.52 million tons.

Wheat futures contracts, which have the highest trading volume on the Chicago stock market, rose 0.1 percent to $ 8.07 / buchel, or $ 296.5 / mt, after seeing the lowest level. from 6 September with 8.05 $ / buchel during the day.

Soybeans fell 0.1% to $ 14.50 / bushel, or $ 532.8 / tonne.

Egypt decreased by 0.1% to $ 6.63 / bushel, or $ 261.0 / mt.

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