CBOT corn, soybeans end lower on improved weather

0 Comment(s)Print E-mail Xinhua, June 28, 2019
Adjust font size:

CHICAGO, June 27 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural futures settled mixed on Thursday, with corn and soybeans falling on improving harvest weather in the U.S. Midwest and Plains.

The most active soybean contract for November delivery was down 6 cents, or 0.65 percent to close at 9.1225 U.S. dollars per bushel. September corn delivery was down 3.75 cents, or 0.83 percent to close at 4.4575 dollars per bushel. September wheat delivery was up 0.25 cent, or 0.05 percent to close at 5.4675 dollars per bushel.

CBOT corn and soybean futures drifted lower as investors squared positions ahead of government reports on acreage and stocks due on Friday and as improving U.S. Midwest weather boosted crop prospects.

Wheat futures ended slightly higher as improved harvest weather in the U.S. Plains winter wheat belt offset support from potentially crop-damaging heat in Europe.

The U.S. Department of Agriculture (USDA) reported export sales of U.S. wheat in the week to June 20 at 612,000 metric tons, topping a range of trade expectations.

The USDA reported export sales of U.S. corn in the week to June 20 at 405,000 metric tons, which is in line with trade expectations. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter