Chicago Agriculture Commodities Traded Mixed
$CORN, $WEAT, $SOYB
Chicago Board of Trade (CBOT) agriculture commodities traded mixed Thursday on low volume and weak export news.
March Corn up 0.25c at 3.4925 bu, as of 1530 GMT
March Wheat was 4c lower at 4.3025 bu
March Soybean was 1.5c lower at 9.535 bu.
Wheat futures were lower on speculation that snowfall in areas where winter varieties are grown will offer some protection from forecast cold weather.
Snow is expected in the US Central Great Plains and eastern Midwest heading into the weekend, according to the National Weather Service, which will provide some defense from Winter weather.
The US Department of Agriculture (USDA) Thursday morning released its weekly export sales report. Private exporters reported to the USDA that they’ve sold 37,700 tonnes of Corn, 71,500 tonnes of Wheat, and 617,400 tonnes of Soybean over international market.
Have a terrific weekend