Chicago agricultural commodities closed lower
Saturday, 24 January 2015
CHICAGO, Jan 23 (Xinhua): Chicago agricultural commodities closed lower yesterday with all three major commodities falling.
The most active corn contract for March delivery fell 4.25 cents, or 1.10 per cent, to close at 3.8375 US dollars per bushel. Soybeans for March delivery dropped 6.75 cents, or 0.69 per cent, to close at 9.7675 dollars per bushel. Wheat for March delivery lost 3 cents, or 0.56 per cent, to close at 5.3375 dollars per bushel.
Soybeans are leading the way lower as end users are shifting their purchases to South American origin and there are no new sales announcements,according to analysts.