CBOT crop futures fluctuate amid trade uncertainty

0 Comment(s)Print E-mail Xinhua, August 6, 2019
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CHICAGO, Aug. 5 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural futures experienced a choppy Monday morning amid trade uncertainty.

In early trading, most crop futures suffered significant losses as trade tensions between the United States and China pressured CBOT soybean prices, which also spilled over and weighed on corn.

However, soybean and corn futures later reversed the downtrend, supported by bargain buying, and wheat futures also recovered some losses, said market watchers.

As of 1525 GMT, the most active corn contract for December delivery was up 4 cents to 4.135 U.S. dollars per bushel. September wheat was down 2 cents, to 4.8875 dollars per bushel. November soybeans were up 1.75 cents to 8.7025 dollars per bushel. Enditem

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