USA: Wheat rose in price due to supply problems in Europe

A clear price increase in America and Paris, while a price decrease in London could be seen on Friday's trading day on the crop markets. In Chicago, wheat went up by 0.7 percent, corn by 1.4 percent, soybeans by 0.6 percent, and canola by 4 percent, compared to the previous day. In Europe, mill wheat, corn and rape also rose in price, but the price of fodder wheat closed in the red. Wheat prices in Chicago rose on Friday, posting their biggest weekly gain in more than three months on worries about lower production in Europe. However, the price of soybeans rose to a three-week high, and corn also became more expensive due to the increase in demand. The wheat market, which gained more than four percent this week, achieved the biggest weekly gain since mid-May. Soybeans rose nearly three percent this week, the biggest weekly gain in four months, while corn posted its first weekly gain in five weeks. The European Commission on Thursday cut its estimate of the European Union's usable ...