Prices for wheat reached a maximum for 14 years

The cost of the reference wheat on the stock exchange in Chicago jumped over the results of trading by more than 7% and exceeded $ 11 for the bushel for the first time since the spring of 2008 on the risks of interruptions and the crop deficit, the data of the auction and comments are evidenced by “Prime”.

According to the results of trading on the Chicago Stock Exchange, the May Futures on wheat went up to $ 11.34 dollars, for the first time since May 25, 2008 exceeding $ 11 dollars for bushel.

It is noted that wheat quotes are growing for the fourth day in a row. During this time, it has grown in price by 34.5%.