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Chicago agricultural futures mixed in morning trade

Xinhua,March 07, 2018 Adjust font size:

CHICAGO, March 6 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural commodities traded mixed on Tuesday morning, as traders pondered the government crop report due Thursday amid ongoing dry weather for Argentina and the U.S. Plains.

May corn was 0.25 cent higher at 3.875 U.S. dollars per bushel as of 1600 GMT, while May wheat was 5.75 cents lower at 5.035 dollars, May soybean was three cents lower at 10.745 dollars.

As for international market, Egypt's state grain buyer General Authority For Supply Commodities is tendering for world wheat and is expected to secure Russian wheat.

Egypt's new crop wheat harvest will start in April and its international import demand is expected to wane into July. Enditem

 

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