Chicago wheat futures fall in morning trade
Xinhua,April 21, 2018 Adjust font size:
CHICAGO, April 20 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural commodities traded lower on Friday morning, with wheat futures falling for the first time in four sessions, as forecasters confirmed that rain will fall in the Southern U.S. Plains today and tomorrow.
May corn was 3.5 cents lower at 3.8725 U.S. dollars per bushel as of 1540 GMT, May wheat was 10.5 cents higher at 4.8025 dollars, May soybean was down 5 cents at 10.44 dollars.
The U.S. Department of Agriculture released its Weekly Export Sales Report on Thursday. Data shows that through the week ending April 12, U.S. exporters sold a net 43 million bushels of corn, 38 million bushels of soybeans, 51 million bushels of wheat.
For their respective marketing years to date, the U.S. has sold 1,940 million bushels of corn, down just 2 percent from last year; 1,985 million bushels of soybeans, down just 3 percent; and 844 million bushels of wheat, down 17 percent from last year. Enditem