Off the wire
• Latvia expected to contribute 3.5 mln euros for refugees in Turkey  • 1st LD Writethru: U.S. stocks end higher as oil rebounds  • Some 1.8 billion people will face water scarcity by 2025: UN  • Namibian, Malian leaders visit joint ventures in Namibia  • New far rightist legislator arrives at Slovak parliament with firearm  • Clashes break out in downtown Libya's Tripoli  • 1st LD Writethru: U.S. dollar rises on Fed officials' remarks  • Slovenia cautions against hate speech during refugee crisis  • Urgent: U.S. stocks end higher as oil rebounds  • Apple extends product lineup with smaller smartphone, tablet  
You are here: 　 Home

Chicago agricultural commodities close higher

Xinhua, March 22, 2016 Adjust font size:

Chicago Board of Trade (CBOT) corn, wheat and soybeans all closed higher Monday.

The most active corn contract for May delivery rose 2.50 cents, or 0.68 percent, to close at 3.695 dollars per bushel. May wheat delivery added 3.50 cents, or 0.76 percent, to close at 4.665 dollars per bushel. May soybeans gained 4.50 cents, or 0.50 percent, to close at 9.02 dollars per bushel.

Analysts said that wheat extended gains Monday on expectations that the colder weather in U.S. south plains at weekend would curb wheat yields. They nevertheless noted that the gains of wheat futures were limited as warmer weather is forecast for those same areas later on.

New fund buying on Monday also helped send the three major agriculture commodities higher, according to Agresource, the Chicago-based agriculture consultancy, in its daily commentary. Endit