Chicago Agriculture Commodities Finished Mixed
$CORN, $WEAT, $SOYB
Chicago Board of Trade (CBOT) agriculture commodities finished mixed Tuesday with Wheat and Soybean futures rising, as investors turned to Short covering after Monday’s double-digit loss.
Corn futures ended slightly lower as Brazil reported strong export to overseas market.
The most active Corn contract for May delivery fell 0.5c, or 0.13% to close at 3.745 bu.
May Wheat delivery went up 2.25c, or 0.5% to close at 4.53 bu.
May Soybean added 5.75c, or 0.56% to close at 10.2825 bu.
As for international market, weather forecast for Argentina is drier than in recent days as rainfall reached nearly half of the crop area last weekend.
Such dryness will continue to tug Corn and Soybean crop estimates lower.
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