U.S. wheat futures closed down on March 1

YORK U.S. wheat futures closed down in January, CBOT5 May wheat fell 0.8%, KCT5 July wheat futures edged down 0.06%, MGE5 May wheat fell 0.2%.

Integrated Media 1 March Road, as farmers began to focus on the harvesting, drought continues to threaten the main producing areas of the U.S. Great Plains wheat.

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meteorologists said the rain the next 10 days and snow will not effectively alleviate the drought, including the southwestern Kansas. Quality wheat in the United States the main producing areas - Kansas, only 25% of the crop is

planting since the fall of 2010, the U.S. Great Plains hard red winter wheat region experienced dry weather dry buried. This crop will be harvested in late spring and early summer, can be used for grinding flour for making bread.

private sector Freese-Notis Weather forecast meteorologist Charlie Notis said,

Traders said the market for wheat as well as global concerns about tight supplies of quality wheat to help support the hard red winter wheat futures. Exchange KCT5 Kansas hard red winter wheat closed on nearly flat, slightly 1 / 2 cents, or 0.06%, to close at $ 9.12 / bushel.

comparison, CBOT 5 月 soft red winter wheat futures ended down 6 3 / 4 cents, or 0.8%, to close at 8.10 1 / 4 U.S. dollars / bushel. Soft red winter wheat in central and southern U.S., the weather conditions had been better than the hard red winter wheat.

Exchange MGE5

Minneapolis wheat futures closed down on 1 1 / 2 cents, or 0.2%, to close at 9.39 1 / 2 U.S. dollars / bushel.

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CBOT wheat futures fell, continuing the previous record from the early February high of 2 and a half years of decline of 13% pullback. Price retracement due to high prices curbed demand, and global economic uncertainty prompted traders to reduce risk positions.

According to the U.S. Department of Agriculture National Agricultural Statistics Service, Liu Chi practice

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