chicago agricultural commodities settle mixed
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Chicago agricultural commodities settle mixed

Arab Today, arab today

Arab Today, arab today Chicago agricultural commodities settle mixed

Chicago agricultural gains.
Chicago - XINHUA

Chicago Board of Trade (CBOT) grains futures close mixed on Monday, with corn and soybean futures rising while wheat declining after Friday's quarterly grain stockpiles report.

The most active corn contract for December delivery rose 9.25 cents, or 2.75 percent, to 3.46 dollars per bushel. December wheat delivery dropped 6.5 cents, or 1.62 percent, to 3.955 dollars per bushel. November soybeans rose 19 cents, or 1.99 percent, to 9.73 dollars per bushel.

The positive signals for corn demand came as asset managers plowed fresh capital into corn and soybean markets Monday, which marked the start of a new quarter and an opening for some funds to deploy further capital into commodity markets, analysts said.

Traders are looking ahead to that report to see if the USDA continues to project a record-breaking soybean crop as well, which could keep soybean futures trading within the same roughly 50-cent range that they have covered over the past month.

The USDA on Friday said U.S. wheat stocks as of Sept. 1 were the biggest since 1987, while corn supplies were smaller than expected.

On Monday, the USDA also reported increases in export inspections for corn and soybeans from the previous week, with a drop for wheat.

Traders attributed some of Friday's gains to fund managers closing out longer-standing bets that wheat prices would fall. On Monday, wheat futures' decline represented what some said was the more fundamental picture facing the world's most widely grown grain.

"The world is saturated with wheat," said Mr. Roose, a scenario which continues to encourage commodity-trading funds to bet against the contracts.

After markets closed, the USDA's weekly update on U.S. Crop progress estimated the corn and soybean harvest at 24 percent and 26 percent complete respectively as of Sunday. Analysts' estimates of harvest progress ranged from 22 percent to 28 percent for soybeans and from 23 percent to 30 percent for corn.

Source : XINHUA

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*

chicago agricultural commodities settle mixed chicago agricultural commodities settle mixed

 



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*

chicago agricultural commodities settle mixed chicago agricultural commodities settle mixed

 



GMT 12:47 2016 Thursday ,01 September

'La La Land' musical masterpiece dazzles Venice film fest

GMT 12:42 2017 Monday ,20 February

Dalia al-Behairy begins 'Yawmiyat Zoga Mafrosa'

GMT 19:01 2017 Wednesday ,30 August

Oil prices down as US reels from Harvey

GMT 04:19 2017 Monday ,08 May

National forces attack mercenaries in Taiz

GMT 19:21 2017 Sunday ,07 May

Iranian Film Week opens in Baghdad

GMT 21:33 2017 Sunday ,30 July

Arab Quartet meeting kicks off in Bahrain

GMT 17:17 2016 Friday ,07 October

Aleppo bleeds as US and Russia spar

GMT 12:03 2015 Monday ,21 December

Nepal protester killed in constitutional crisis clash

GMT 09:47 2016 Thursday ,22 December

Trump vows to cut F-35 spending, as leaked memo

GMT 21:44 2017 Friday ,15 December

King establishes Hawar Development Committee

GMT 20:57 2017 Tuesday ,16 May

Naval Forces rescue 23 tourists in Hurghada

GMT 12:56 2017 Monday ,11 December

Lyon leave it late, Balotelli with Nice winner

GMT 06:18 2017 Thursday ,19 October

Russian delegation meets with Julphar chairman

GMT 21:20 2017 Monday ,23 October

Nasr, delegation of London Stock Exchange
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

Maintained 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 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday