Starsupply

Wheat Climbs to One-Week High on Concerns of Cold Weather Damage


March 03, 2015


Wheat Climbs to One-Week High on Concerns of Cold Weather Damage
2015-03-02 14:34:30.913 GMT


By Whitney McFerron
(Bloomberg) -- Wheat for May delivery rises 0.4% to
$5.15/bu on Chicago Board of Trade. Soybeans touched a 7-wk
high.
* Wheat reached $5.18 3/4 earlier Monday, highest since Feb.
20
* Western U.S. wheat areas to see “very cold” weather during
the next wk, while storms bring protective snow cover in
south, WeatherBELL Analytics said in report Sunday
* Cold U.S. temperatures are “considered as a supportive sign
for wheat,” Arnaud Saulais, broker at Starsupply Commodity
Brokers in Nyon, Switzerland, said in an e-mailed report
* Prices also supported by concerns about potential winter
kill in Russia, said Wayne Gordon, Singapore-based analyst
at UBS
* Snow cover “widespread” in Russian growing areas, while
“generally patchy” in Ukraine: WeatherBELL
* Milling wheat for May delivery rose 0.1% to EU188/mt on
Euronext in Paris
* Corn for May delivery fell 0.3% to $3.92 1/4 a bushel, after
rising 6.3% in Feb.
* Soybeans for May delivery added 0.2% to $10.34/bu, after
reaching 7-wk high of $10.39; soybean meal for same delivery
mo. fell 0.2% to $341.60 for 2,000 lbs


For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>

--With assistance from Supunnabul Suwannakij in Bangkok. 

To contact the reporter on this story:
Whitney McFerron in London at +44-20-3525-8689 or
wmcferron1@bloomberg.net
To contact the editors responsible for this story:
Lynn Thomasson at +44-20-3525-9815 or
lthomasson@bloomberg.net
Wheat Climbs to One-Week High on Concerns of Cold Weather Damage
2015-03-02 14:34:30.913 GMT


By Whitney McFerron
(Bloomberg) -- Wheat for May delivery rises 0.4% to
$5.15/bu on Chicago Board of Trade. Soybeans touched a 7-wk
high.
* Wheat reached $5.18 3/4 earlier Monday, highest since Feb.
20
* Western U.S. wheat areas to see “very cold” weather during
the next wk, while storms bring protective snow cover in
south, WeatherBELL Analytics said in report Sunday
* Cold U.S. temperatures are “considered as a supportive sign
for wheat,” Arnaud Saulais, broker at Starsupply Commodity
Brokers in Nyon, Switzerland, said in an e-mailed report
* Prices also supported by concerns about potential winter
kill in Russia, said Wayne Gordon, Singapore-based analyst
at UBS
* Snow cover “widespread” in Russian growing areas, while
“generally patchy” in Ukraine: WeatherBELL
* Milling wheat for May delivery rose 0.1% to EU188/mt on
Euronext in Paris
* Corn for May delivery fell 0.3% to $3.92 1/4 a bushel, after
rising 6.3% in Feb.
* Soybeans for May delivery added 0.2% to $10.34/bu, after
reaching 7-wk high of $10.39; soybean meal for same delivery
mo. fell 0.2% to $341.60 for 2,000 lbs


For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>

--With assistance from Supunnabul Suwannakij in Bangkok. 

To contact the reporter on this story:
Whitney McFerron in London at +44-20-3525-8689 or
wmcferron1@bloomberg.net
To contact the editors responsible for this story:
Lynn Thomasson at +44-20-3525-9815 or
lthomasson@bloomberg.net
2 March 2015, Bloomberg
 
Wheat for May delivery rises 0.4% to $5.15/bu on Chicago Board of Trade. Soybeans touched a 7-wk high.
* Wheat reached $5.18 3/4 earlier Monday, highest since Feb. 20

* Western U.S. wheat areas to see “very cold” weather during the next wk, while storms bring protective snow cover in south, WeatherBELL Analytics said in report Sunday

* Cold U.S. temperatures are “considered as a supportive sign for wheat,” Arnaud Saulais, broker at SCB Commodity Brokersin Nyon, Switzerland, said in an e-mailed report.

* Prices also supported by concerns about potential winter kill in Russia, said Wayne Gordon, Singapore-based analyst at UBS

* Snow cover “widespread” in Russian growing areas, while “generally patchy” in Ukraine: WeatherBELL

* Milling wheat for May delivery rose 0.1% to EU188/mt on Euronext in Paris

* Corn for May delivery fell 0.3% to $3.92 1/4 a bushel, after rising 6.3% in Feb.

* Soybeans for May delivery added 0.2% to $10.34/bu, after reaching 7-wk high of $10.39; soybean meal for same delivery mo. fell 0.2% to $341.60 for 2,000 lbs



Wheat Climbs to One-Week High on Concerns of Cold Weather Damage
2015-03-02 14:34:30.913 GMT


By Whitney McFerron
(Bloomberg) -- Wheat for May delivery rises 0.4% to
$5.15/bu on Chicago Board of Trade. Soybeans touched a 7-wk
high.
* Wheat reached $5.18 3/4 earlier Monday, highest since Feb.
20
* Western U.S. wheat areas to see “very cold” weather during
the next wk, while storms bring protective snow cover in
south, WeatherBELL Analytics said in report Sunday
* Cold U.S. temperatures are “considered as a supportive sign
for wheat,” Arnaud Saulais, broker at Starsupply Commodity
Brokers in Nyon, Switzerland, said in an e-mailed report
* Prices also supported by concerns about potential winter
kill in Russia, said Wayne Gordon, Singapore-based analyst
at UBS
* Snow cover “widespread” in Russian growing areas, while
“generally patchy” in Ukraine: WeatherBELL
* Milling wheat for May delivery rose 0.1% to EU188/mt on
Euronext in Paris
* Corn for May delivery fell 0.3% to $3.92 1/4 a bushel, after
rising 6.3% in Feb.
* Soybeans for May delivery added 0.2% to $10.34/bu, after
reaching 7-wk high of $10.39; soybean meal for same delivery
mo. fell 0.2% to $341.60 for 2,000 lbs


For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>

--With assistance from Supunnabul Suwannakij in Bangkok. 

To contact the reporter on this story:
Whitney McFerron in London at +44-20-3525-8689 or
wmcferron1@bloomberg.net
To contact the editors responsible for this story:
Lynn Thomasson at +44-20-3525-9815 or
lthomasson@bloomber





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