Chicago agricultural futures lower in morning trading
Xinhua,February 06, 2018 Adjust font size:
CHICAGO, Feb. 5 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural commodities traded lower on Monday morning, due to farmer selling last week and favorable weather in Argentina.
March corn were down 3.25 U.S. cents at 3.5825 dollars per bushel as of 1600 GMT, and March wheat was 2 cents lower at 4.4475 dollars, while March soybeans was 4.5 cents lower at 9.7425 dollars.
As for international market, Saudi Arabia over the weekend made a sizable 739,000 tonnes wheat purchase with the origins being the European Union, Australia or North or South America. The price paid for the wheat works out to 240 dollars per tonne. Enditem