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CBOT corn, wheat futures higher in morning trade

Xinhua,February 08, 2018 Adjust font size:

CHICAGO, Feb. 7 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural commodities traded mixed on Wednesday morning, with corn and wheat futures higher on technical buying.

March corn were up 1.25 cents at 3.6475 U.S. dollars per bushel as of 1545 GMT, March wheat was 7.75 cents higher at 4.54 dollars, while March soybeans was 0.5 cent lower at 9.8575 dollars.

The U.S. Department of Agriculture will release their monthly report of World Agricultural Supply and Demand Estimates on Thursday.

As for international market, dry and hot weather occurred across Argentina and South Brazil Tuesday. Weather forecast calls for another 1-2 days of heat and dryness across Argentina before showers arrive during late Friday and linger into the weekend. Enditem

 

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