Chicago Agriculture Commodities Finished Higher
$CORN, $WEAT, $SOYB
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
Latest posts by Paul Ebeling (see all)
- Ferrari’s (NYSE:RACE) New FUV Will Be a Real Sports Utility Vehicle - September 16, 2019
- People are Asking: “Why are Russian & Chinese Central Banks Buying Gold?” - September 16, 2019
- What Will the Attack on Saudi Crude Oil Facilities Mean for Consumers? - September 16, 2019