Wheat slips to 8-month low on weather expectations

Note: This section contains information in English only.
Source: Bloomberg
Wheat futures for May settlement were lower by 0.5% to $7.1225 per one bushel in the very beginning of Chicago trading session on Monday. Wheat dropped to an eight month low as investors speculate that snowstorm will help to ease drought situation in the U.S. Great Plains, before crops arise from dormancy. Currently the winter wheat are very poor condition as drought period was longer than on average.
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