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the USA: a condition of crops under SRW "surprisingly bad
19.04.2007 09:31 "Agro Perspectiva" (Kyiv) —
As transfers(transmits) IDK.RU, change of quotations of futures for wheat at stock exchanges of the USA was non-uniform, increases of the future which was observed recently, has stopped, as the market has solved, that has given sufficient «advance payment» to wheat after frosts. In Chicago the May future has grown on 2,2 cents up to 477,4 cents for bushel, in Kansas City has fallen to 2 cents up to 492 cents for bushel, in Minneapolis has decreased for 1 cent up to 514,2 cents for bushel. The future grew in Chicago on the information that some areas under crops borrowed(occupied) winter krasnozernoj can be pereseyany under corn as weekly estimations of a condition of crops SRW have shown «surprising» decrease(reduction) normal winter after recent frosts. For example, according to MSKH the USA, in Arkansas for April, 15th winter in an excellent condition have counted 28 %, and week earlier — 54 %. In Missouri of crops of 10 % had an estimation of a condition as good/excellent whereas week before their quantity(amount) reached(achieved) 46 %. And here messages of other agencies. Cold weather which has unexpectedly come to the USA has led to a significant rise in prices on wheat. On the last Monday the prices for wheat have reached(achieved) on the world’s largest Chicago commodity exchange of 7-week peak, informs ITAR-TASS. To end of the tenders for 1 bushel wheats (35,2393) in Chicago gave $5,06. Demand has grown after the governmental service of the USA has informed, that as a result of established(installed) from the beginning of April of colds the part of crops of wheat has suffered from low temperature. On available data, it is mentioned(touched) about 45 % of the areas.
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