简体中文
World Biz
CBOT corn, soybean futures post gains after days of losses
Last Updated: 2018-10-23 14:07 | Xinhua
 Save  Print   E-mail

Chicago Board of Trade (CBOT) agricultural futures settled mixed on Monday, with corn and soybeans reversing their declines last week.

The most active December corn was up 2.5 cents, or 0.68 percent to close at 3.695 dollars per bushel. November soybeans were up 1.75 cents, or 0.2 percent to close at 8.585 dollars per bushel. December wheat was down 6.75 cents, or 1.31 percent to settle at 5.08 dollars,

Bargain buying pushed up CBOT corn and soybeans, which suffered significant losses last week.

CBOT wheat fell on signs of slack demand for U.S. supplies and a stronger dollar.

The U.S. Department of Agriculture released on Monday its weekly crop progress report, pegging the corn harvest at 49 percent complete, above the trade estimates of 45 percent and ahead of the prior five-year average of 47 percent.

Meanwhile, U.S. soybean harvest was 53 percent complete, sharply above the previous week's 38 percent, but still behind a 69 percent average of the past five years.

0
Share to 
Related Articles:
Most Popular
BACK TO TOP
Edition:
Chinese | BIG5 | Deutsch
Link:    
About CE.cn | About the Economic Daily | Contact us
Copyright 2003-2024 China Economic Net. All right reserved