Chicago Agriculture Commodities Finished Mixed
Chicago Board of Trade (CBOT) wheat rose almost 3% Thursday over declining crop estimates.
The Corn contract for December delivery rose 0.25c, or 0.07% to settle at 3.645 bu.
September Wheat went up 14.5c, or 2.95% to close at 5.055 bu.
November Soybean were down 8.5c, or 0.98% to settle at 8.5575 bu.
Concerns that Wheat production will shrink in France and Black Sea area due to adverse weather conditions have triggered sharp rises in the past 2 sessions. Following a more than 2% fall Tuesday, CBOT Wheat futures suffered another sharp loss during the 1st session after the US Independence Day holiday.
Meanwhile, Soybeans futures continue the downtrend as investors were closely watching trade between the US and China.
CBOT Corn prices flat to unchanged Thursday
Have a terrific weekend.
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