Chicago Agriculture Commodities Finish Mixed

Chicago Agriculture Commodities Finish Mixed

$CORN, $WEAT, $SOYB

Chicago agriculture commodities finished mixed Tuesday, with Soybean futures falling for the 9th time in 10 sessions on technical selling and forecasts for crop-boosting rains in South America.

Corn firmed on Short-covering after touching contract lows, but prices remain capped by abundant supplies.

The most active Corn contract for March delivery went up 0.5 cent, or 0.14%, to 3.475 bu.

March Wheat delivery fell 1 cent, or 0.24%, to 4.195 bu.

January Soybean dropped 5.5 cents, or 0.57% to 9.56 bu.

Private exporters Tuesday reported to the US Department of Agriculture (USDA) export sales of 145,000 tonnes Soybean for delivery to unknown destinations during MY 2018/2019 that began for Soybeans on 1 Septtember.

Trading was light as investors moved to the sidelines ahead of the year-end Holidays.

Grain markets will close early Friday and remain closed through Monday for the Christmas Holiday.

Stay tuned…

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