Chicago Agriculture Commodities Traded Mixed
Chicago Board of Trade (CBOT) agriculture commodities traded mixed Thursday, as Soybean futures continued to fall over supply issues and uncertainty surrounding the US-China trade talks.
As of 1459 GMT, July Soybeans was down 7.25c at 9.87 bu, while July Corn was up 0.75c at 3.79 bu, and July Wheat up 12.75c at 5.325 bu.
China is top buyer of US Soybeans. If the 2 sides can solve their trade disputes, American farmers will be able to sell more Soybeans to Chinese market.
Unfavorable weather conditions in some Key Wheat growing regions, such as Black Sea areas and parts of Australia, have pushed up the prices of CBOT Wheat for 2 sessions running, and the uptrend sustained Thursday morning.
Have a terrific weekend.
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