Quotes of US wheat grow two weeks in a row

In the period from December 16 to 23, the futures market of wheat in the US and Europe for the first time in a long time developed in one direction. During the pre-holiday week, American and European wheat experienced ups and downs, but by the end of the week - by December 23, quotes were higher than the values that were recorded on December 16, KazakhZerno.kz writes. On the Chicago Mercantile Exchange, wheat futures are rising for the 2nd week in a row. The growth is due to the fact that frosts have come to the Great Plains and the Midwest of the United States, which are a direct threat to winter wheat crops. Quotes of soybeans and corn also went up. Buyers show great interest in them. How long it will last is still unknown. It is likely that the country will soon have to compete with Argentina, where rainfall has improved the prospects for grain crops. The Chicago Stock Exchange will be closed until Tuesday due to the Americans celebrating Christmas. For the week from December ...