Chicago agricultural commodities futures traded lower Friday, with prices of all three major commodities of corn, wheat, and soybeans dropping. The most active corn contract for July delivery fell 0.75 cent, or 0.15 percent, to close at 4.835 U.S. dollars per bushel. The most active soybean contract for July delivery fell 5.25 cents, or 0.36 percent, to close at 14.65 dollars per bushel. The most active wheat contract for July delivery fell 4 cents, or 0.59 percent, to close at 6.7425 dollars per bushel. Corn dropped as an improved weather forecast put price pressure on building U.S. supplies and stocks. Analysts estimate that by Sunday, the U.S. will have seeded 70 percent to 73 percent of its corn crop. Northeast China's corn crop is expected to germinate and have early growth as rain and variable temperatures offer farmers favorable conditions. Wheat went down as Ukraine booked 60,000 metric tons of wheat for June from a local seller at 289 dollars per metric ton, but France and the U.S. also offered wheat at slightly higher prices. In addition, an improved weather forecast put price pressure on U. S. wheat. Soybeans fell as drier weather across the U.S. presented favorable conditions for planting. Analysts estimate that by Sunday, the U.S. will have seeded 29 percent to 32 percent of the soybean crop. Northeast China's soybean crop is expected to germinate and have early growth as rain and variable temperatures present favorable conditions.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor