Chicago Agriculture Commodities Finished Mixed 

Chicago Agriculture Commodities Finished Mixed

$CORN, $WEAT, $SOYB

Chicago Board of Trade (CBOT) agriculture commodities finished mixed Thursday with Soybean futures giving up earlier gains after topping 10.00 bu for the 1st time in 7 weeks.

Corn futures slipped after rising Wednesday, while Wheat futures kept its upward trend on traders’ technical buying.

The most active Corn contract for March delivery fell 1.25c, or 0.35% to close at 3.5525 bu.

March Wheat delivery rose 1.5c, or 0.35% to close at 4.345 bu.

March Soybean was unchanged at 9.9225 bu.

CBOT floor brokers estimate that funds are net buyers of 2,200 contracts of Corn, 1,800 contracts of Wheat, and 4,100 contracts of Soybean.

Have a terrific weekend.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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