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Chicago agricultural futures mixed in morning trade

Xinhua,February 23, 2018 Adjust font size:

CHICAGO, Feb. 22 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural commodities traded mixed on Thursday morning, as investors await the U.S. Department of Agriculture (USDA)'s outlook meeting.

March corn was unchanged at 3.6575 U.S. dollars per bushel as of 1600 GMT, March wheat was 2.5 cents higher at 4.4975 dollars, while March soybean was 1.25 cents higher at 10.355 dollars.

Themed "Roots in Prosperity," the USDA conference kicked off Thursday and will offer planted acre and income totals for U.S. farmers in 2018/19.

As for international market, the main Argentine agricultural area will hold in an arid trend over the next 10-14 days. The Argentine drought is becoming acute, and rain is immediately needed to prevent a further sharp fall in crop yield potential. Enditem

 

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