Arab Today, arab today chicago corn soybean down on record supplies wheat unchanged
Last Updated : GMT 21:16:36
Arab Today, arab today
Arab Today, arab today

Chicago corn, soybean down on record supplies, wheat unchanged

Arab Today, arab today

Arab Today, arab today Chicago corn, soybean down on record supplies, wheat unchanged

Chicago Board of Trade (CBOT)
Chicago - XINHUA

Chicago Board of Trade (CBOT) corn, soybeans futures closed lower on Friday, as traders see new crop supplies are coming into better perspective under favorable weather forecasts ahead of the May U.S. government's estimates report.

The most active corn contract for July delivery lost 3.25 cents, or 0.89 percent, to close at 3.6975 U.S. dollars per bushel. Wheat for July delivery was unchanged, to close at 4.74 dollars per bushel. July soybeans dropped 11.25 cents, or 1.15 percent, to close at 9.6475 dollars per bushel.

Chicago corn fell to new lows for 2015 on Friday as more corn are planted and the U.S. weather forecast is favorable, which are producing bearish headwinds for both soybeans and wheat.

Soybeans had been the downside leaders Friday with active fund selling amid easing worries that the soybeans delivery in South America disrupted, as well as an oversupply of old crops.

Wheat futures continued to be pressured by recent export cancellations and by prospects for plentiful world supplies.

"The charts are all pointing lower and with favorable weather forecast for much of the Northern Hemisphere including the Central U.S., its just hard to be a bull," said AgResource company, a Chicago- based agricultural research institute.

For the week, the most active corn contract for July delivery fell by 1.8 percent, July wheat shed almost 3 percent and July soybeans dropped 0.67 percent.

 

 

arabstoday
arabstoday

GMT 03:39 2017 Wednesday ,24 May

Saudi stocks drag lower before Ramadan

GMT 05:41 2017 Tuesday ,23 May

Tadawul index stays almost flat

GMT 20:24 2017 Saturday ,20 May

US Stocks Close Higher

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chicago corn soybean down on record supplies wheat unchanged Arab Today, arab today chicago corn soybean down on record supplies wheat unchanged

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chicago corn soybean down on record supplies wheat unchanged Arab Today, arab today chicago corn soybean down on record supplies wheat unchanged

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show

GMT 03:39 2017 Wednesday ,24 May

Saudi stocks drag lower before Ramadan

GMT 05:41 2017 Tuesday ,23 May

Tadawul index stays almost flat

GMT 20:24 2017 Saturday ,20 May

US Stocks Close Higher

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday