The wheat prices rising began at the world market today

Wheat prices began to rise sharply

In brief: Wheat prices will continue to grow in the wake of fears of the new fiscal crisis.

The increase in wheat prices was resumed on the world grain market. Prices for a bushel of wheat went up by 2,3% and reached 5.9025 dollars at the Chicago Mercantile Exchange.

Prices for this grain fell on the world market the previous three trading sessions, as a result of a decrease of 3,2%. Today, however, the trend reversed and began their rapid growth. Increased demand for wheat due to concerns associated with the projections on the Conservation of unusually hot weather in Eastern Europe, including Russia. The rise in prices is also warmed heavy rains in some parts of Canada, threatening to cause flooding

Anrey Torbinski
2010-07-25 11:25, Commodities.

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