News

United States: Local grain market with mixed prices

United States
Published Jun 28, 2022

Tridge summary

For wheat with immediate delivery, the offers from the demand were located at US$ 330/t. Then, for corn with delivery until 06/30, US$ 235/t was openly offered. Lastly, offers between industries for available soybeans stood at $47,940/t. Today's afternoon, futures in the Chicago market closed the day with a disparate balance. Wheat futures closed lower on prospects for better forecasts for winter crops. Also, progress is expected to revive grain shipments from Ukrainian ports, which added pressure. For its part, corn ended in negative territory as a result of improvements in weather conditions in the productive areas of the US Midwest. Finally, soybeans closed with gains in the closest positions, underpinned by an opportunity buying wheel. In the Matba - ROFEX market, the July 22 soybean contract operates at US$ 391.6/t.

Original content

For wheat with immediate delivery, the offers from the demand were located at US$ 330/t. Then, for corn with delivery until 06/30, US$ 235/t were openly offered. Lastly, offers between industries for available soybeans stood at $47,940/t. Today's afternoon, futures in the Chicago market closed the day with a disparate balance. Wheat futures closed lower on prospects for better forecasts for winter crops. Also, progress is expected to revive grain shipments from Ukrainian ports, which added pressure. For its part, corn ended in negative territory as a result of improvements in weather conditions in the productive areas of the US Midwest. Finally, soybeans closed with gains in the nearest positions, underpinned by a round of opportunity purchases. In the Matba - ROFEX market, the July 22 soybean contract operates at US$ 391.6/t. * Regarding the local market, the prices offered were the ...
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