Chicago agricultural commodities edge down
Sunday, 1 June 2014
CHICAGO, May 31 (Xinhua): Chicago agricultural commodities edged down across the boardĀ Friday.
The most active corn contract for July delivery fell 3.75 cents, or 0.80 per cent, to close at 4.6575 US dollars per bushel. The most active soybean contract for July delivery fell 5.75 cents, or 0.38 per cent, to close at 14.9325 dollars per bushel. The most active wheat contract for July delivery fell 5.25 cents, or 0.83 per cent, to close at 6.2725 dollars per bushel.
World importers are not showing any interest in booking USĀ corn beyond the next two to three months, US export sources say. The United States Department of Agriculture's Foreign Agricultural Service (FAS) reported that 24.5 million bushels of old crop corn and 3.6 million bushels of new crop were sold for the week ending May 22.