男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / latest news

Chicago agricultural commodities close mixed over the week

Xinhua | Updated: 2018-02-25 10:47
Share
Share - WeChat

CHICAGO -- Chicago Board of Trade (CBOT) agricultural commodities closed mixed over the trading week which ended Feb 23, with soybean futures surging on hot and dry weather for major soybean exporter Argentina.

The most active corn contract for March delivery fell 1.25 cent weekly, or 0.34 percent, to $3.6625 per bushel. March wheat delivery went down 5.5 cents, or 1.2 percent, to $4.5225 per bushel. March soybeans added 14.75 cents, or 1.44 percent, to $10.3625 per bushel over the week.

Corn futures ended the week slightly lower. The rally has paused amid recent sizeable short covering and partially as dryness concerns are easing across the heart of the Midwest.

However, it remains that Argentina crop size is being ratcheted down on a weekly basis, and amid less than ideal weather in South Africa, it's possible that total Southern Hemisphere corn production will exist in a range of 141-142 million tons vs. 157 tons last year.

US corn was already the world's cheapest feed grain, and amid steady and higher global barley and feed wheat prices, US weekly export sales will continue some 2-3 times the average needed to meet the US Department of Agriculture's forecast.

Wheat futures this week ended slightly lower. Unlike corn, wheat is not being driven by demand, but rather by ongoing drought expansion across the US Plains, and to some extent logistical issues in Canada and Russia.

Bitterly cold temps have slowed grain transportation in these two countries, and overall this has helped keep world cash wheat prices firm.

La Nina is likely to weaken beyond the next 30 days or so, but operational models still maintain complete dryness in southwest US through mid-March.

And amid the incredible GDP growth in India, and ongoing US drought, pressure will be placed for another year of big wheat yields in 2018.

Soybean and soy meal markets held gains and were higher at the end of the holiday shortened trading week, confirming the previous week's technical breakout.

The market's focus remains on Argentine crops, where only light and limited rains fell during the week. Moreover, the weather models have yet to show an significant change in the ongoing dry weather trend, with much of the soybean belt forecast to see less than an inch of rain over the next 10 days.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 来安县| 商水县| 宿迁市| 通渭县| 宁德市| 田阳县| 巴彦淖尔市| 厦门市| 新邵县| 文山县| 抚宁县| 亳州市| 寿光市| 天全县| 华坪县| 固原市| 抚宁县| 札达县| 丰台区| 霸州市| 泗洪县| 治多县| 海原县| 永城市| 东乡县| 尤溪县| 朝阳区| 沅陵县| 虞城县| 大名县| 扶沟县| 棋牌| 科技| 西吉县| 京山县| 保定市| 克拉玛依市| 安丘市| 福海县| 咸宁市| 宕昌县|