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Chicago agricultural commodities edge down

June 01, 2014 00:00:00


CHICAGO, May 31 (Xinhua): Chicago agricultural commodities edged down across the board  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 US  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.


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