Wheat prices in American and European commodity exchanges suspended their 2-day decline and managed to recover a little. In particular, wheat has just gained 0.1% and 0.2% in London and Paris correspondingly. American wheat is up by 0.8%.
Yesterday, wheat prices gained 5.5% in Chicago, thereby reaching $270,5 per metric ton. As for yesterday’s trading session in Europe, exchanges were controversial in terms of price movements.
The chart below, courtesy of , reflects the current state of affairs in the market of wheat:
