Arab Today, arab today chicago agricultural commodities futures market ends lower
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Chicago agricultural commodities futures market ends lower

Arab Today, arab today

Arab Today, arab today Chicago agricultural commodities futures market ends lower

Chicago - XINHUA

Chicago agricultural commodities futures traded unevenly Friday, with wheat dropping 2.11 percent and corn and soybean remaining unchanged. The most active corn contract for May delivery closed at 4.92 dollars per bushel, unchanged from the previous day. May wheat fell 15 cents, or 2.11 percent, to close at 6.955 dollars per bushel. May soybeans closed at 14.365 dollars per bushel, unchanged from the previous day. Trade volume was light for all major grains pending the release of stock and seeding report by the U.S. Department of Agriculture (USDA) Monday. Friday's market attention was on grain export taxation. Ukraine has agreed to end the value added tax (VAT) redemptions on grain exports, which could possibly mean a 20-percent rise in cost to exporters, and eventually farmers. In Brazil, the Congress is debating a 9.25 percent tax on soybean exports, and the chance for the tax to be passed is 50/50. Such taxation will hurt farmers in Ukraine and Brazil, but is unlikely to have much influence on the world market. USDA will release quarterly report on hogs Friday. The report is expected to show a 4 to 5 percent decline in U.S. hog herd, which may in turn reduce the feed demand for corn and soybean meal in the following quarters to come.

arabstoday
arabstoday

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 agricultural commodities futures market ends lower Arab Today, arab today chicago agricultural commodities futures market ends lower

 



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 agricultural commodities futures market ends lower Arab Today, arab today chicago agricultural commodities futures market ends lower

 



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 Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
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