The cool resource

http://www.agrimoney.com/news/us-winter-wheat-makes-worst-start-on-record–5165.html

“US winter wheat makes worst start on record”

This news is very useful I think. As the title says, winter wheat meets the worst start. According to the news, it says that because of “century drought”, “poor stands and wind damage”, and “better for soft red winter”. Thus we could make some predicts that price of wheat may show a upward trend because of lower supply. And the exporter may set some barriers when trade in the world.

 

http://www.agrimoney.com/news/wheat-prices-rise-despite-russia-victory-in-tender–5163.html

“Wheat prices rise despite Russia victory in tender”

This news shows respond to the first one, and my prediction. There’s some more information in news. Such as, “Egypt is the top importer of wheat”, and “the shipments took the EU total so far in 2012-13 past 5m tones, and nearly 300,000 tonnes above the level a year ago”.

Leave a Reply