News

US: Grain prices on 2/8/2022, Soybean, wheat, corn all fell

Rice
Wheat
Published Aug 3, 2022

Tridge summary

On the Chicago Mercantile Exchange, wheat prices fell 7-1/2 US cents to 8.00-1/4 USD/bushel. The price of corn for September delivery fell 9-1/4 US cents to $6.07/bushel. September soybeans futures fell 55-1/4 US cents to 14.32 USD/bushel.

Original content

Grain rice prices on the Chicago Board of Trade fell on August 2, 2022 after the first grain-carrying vessel left Ukraine's port using a newly agreed safe shipping channel, raising hopes that the country's exports could be restored on a large scale. The price of soft red CBOT wheat for the winter crop in September closed down 7-1/2 US cents to 8.00-1/4 USD/bushel. Winter red durum wheat for the same period fell 8 US cents to 8.66-1/2 USD/bushel. The price of corn on the Chicago Mercantile Exchange for September 2022 fell 9-1/4 US cents to $6.07/bushel and the December 2022 contract lost 10-1/4 US cents to 6.09-. 3/4 USD/bushel. Soybean prices fell about 4% on weakness in commodities including crude oil on fears of a global recession and ...
Source: Vinanet
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