Chicago Agriculture Commodities Finished Higher

Chicago Agriculture Commodities Finished Higher


Chicago Board of Trade (CBOT) agriculture commodities finished higher Thursday, with Wheat futures rising as drought conditions are unchanged in US Plains despite early week rainfall in Kansas.

Corn futures rose slightly on increased export demand while Soybean ended flat to unchanged.

The most active Corn contract for May delivery rose 1c, or 0.27% to close at 3.76 bu.

May Wheat delivery went up 2.25c, or 0.5% to close at 4.5575 bu.

May Soybeans stayed Unchanged at 10.2975 bu.

As for international market, Saudi Arabia is tendering for another 1-M tonnes of world Barley, which will be rather difficult to find and will only push barley prices higher.

Have a terrific weekend

The following two tabs change content below.
HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.