Arab Today, arab today chicago wheat corn soybean futures rebound from previous slump
Last Updated : GMT 01:38:25
Arab Today, arab today
Arab Today, arab today

Chicago wheat, corn, soybean futures rebound from previous slump

Arab Today, arab today

Arab Today, arab today Chicago wheat, corn, soybean futures rebound from previous slump

Chicago wheat, corn, soybean
Chicago - XINHUA

Chicago Board of Trade (CBOT) agricultural commodities futures market closed higher across the board Thursday after a slump in the previous day, as end users extended coverage at cheap prices despite weak U.S. crop sales.

The most active corn contract for December delivery gained 7. 25 cents, or 1.97 percent, to close at 3.7525 U.S. dollars per bushel. September wheat delivery added 11 cents, or 2.23 percent, to close at 5.0325 dollars per bushel. November soybeans rose 17 cents, or 1.87 percent, to close at 9.27 dollars per bushel.

Chicago grain futures recovered some of the previous losses triggered by the U.S. government raising its outlook for the production of U.S. corn and soybeans, global wheat supplies, as investors bought at lower prices despite concerns about Central U. S. rainy weather forecast for next week.

The U.S. Department of Agriculture (USDA) said Thursday in its weekly export report that for the week ending Aug. 6, the country witnessed net sales of 421,600 metric tons of wheat for delivery in the 2015/2016 marketing year, down 50 percent from the previous week and 28 percent from the prior 4-week average.

Corn net sales were 29,200 metric tons for delivery in the 2014/ 2015 marketing season, down noticeably from previous week and 87 percent from the prior 4-week average, while soybeans sales were 96,300 metric tons for the 2014/2015 marketing season, down noticeably from the previous week, but up noticeably from the prior 4-week average, the report said.

AgResource company, a Chicago-based agricultural research institute, wrote in a report that U.S. weekly export sales were largely unexciting. The company added that how much rain falls across the Central U.S. next Wednesday to Friday will be the key to short-term direction.

A wetter pattern lies ahead early next week, and showers will be spread across the Plains and Midwest, according to the Global Forecast System. Follow-up rains are projected across the Northern and Western Corn Belt from Aug. 23-25.

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 wheat corn soybean futures rebound from previous slump Arab Today, arab today chicago wheat corn soybean futures rebound from previous slump

 



Arab Today, arab today
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Top Yemen commander killed

GMT 09:55 2017 Wednesday ,22 February

Top Yemen commander killed
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success

GMT 20:52 2017 Tuesday ,21 February

Asia stocks consolidate recent gains; China shines

GMT 10:37 2017 Tuesday ,21 February

Most Asia markets up as rally presses ahead

GMT 05:34 2017 Tuesday ,21 February

7 firms to list on 2nd Saudi stock board

GMT 19:53 2017 Monday ,20 February

Large stocks fall pushing down Nairobi bourse

GMT 18:36 2017 Monday ,20 February

Heavy selling drags Oman shares lower

GMT 06:16 2017 Monday ,20 February

Bank shares lift Tadawul
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Janat pleased for issuing 'Good Morning'

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 05:15 2017 Tuesday ,21 February

Omega 3 can reduce asthma cases

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
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