"/>

国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

CBOT futures surge on weather worries

Source: Xinhua    2018-02-13 07:33:51

CHICAGO, Feb. 12 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural commodities rose sharply on Monday as weather worries sent soybeans back above ten-dollar-per-bushel level.

The most active corn contract for March delivery rose 5 cents to settle at 3.67 dollars per bushel. March wheat delivery went up 15 cents, or 3.34 percent to close at 4.64 dollars per bushel. March soybeans gained 18.75 cents, or 1.91 percent to settle at 10.0175 dollars per bushel.

Rains failed to appear as forecast in Argentina over the weekend and very little rain is expected in its primary agricultural belt over the next ten days. As drought is deepening into late February, CBOT soybean futures have again rebounded above 10 dollars per bushel.

The lack of rain in Argentina also triggered additional short-covering in corn market.

Meanwhile, CBOT wheat futures posted more than three percent gains over dryness in the U.S. plains.

"In the hard-red wheat, traders were worried that there was going to be some real crop damage, although we haven't gotten to the point of no return yet," said market analyst Virginia McGathey.

Editor: Liangyu
Related News
Xinhuanet

CBOT futures surge on weather worries

Source: Xinhua 2018-02-13 07:33:51

CHICAGO, Feb. 12 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural commodities rose sharply on Monday as weather worries sent soybeans back above ten-dollar-per-bushel level.

The most active corn contract for March delivery rose 5 cents to settle at 3.67 dollars per bushel. March wheat delivery went up 15 cents, or 3.34 percent to close at 4.64 dollars per bushel. March soybeans gained 18.75 cents, or 1.91 percent to settle at 10.0175 dollars per bushel.

Rains failed to appear as forecast in Argentina over the weekend and very little rain is expected in its primary agricultural belt over the next ten days. As drought is deepening into late February, CBOT soybean futures have again rebounded above 10 dollars per bushel.

The lack of rain in Argentina also triggered additional short-covering in corn market.

Meanwhile, CBOT wheat futures posted more than three percent gains over dryness in the U.S. plains.

"In the hard-red wheat, traders were worried that there was going to be some real crop damage, although we haven't gotten to the point of no return yet," said market analyst Virginia McGathey.

[Editor: huaxia]
010020070750000000000000011100001369710521
主站蜘蛛池模板: 合水县| 磐安县| 德清县| 龙南县| 长寿区| 大悟县| 绩溪县| 屏东市| 普定县| 玉溪市| 乡城县| 莆田市| 南溪县| 方山县| 柘荣县| 大足县| 巴林右旗| 文山县| 陵水| 太谷县| 垣曲县| 木里| 江达县| 呼和浩特市| 新竹县| 连云港市| 海安县| 舟山市| 马公市| 湖南省| 鲁山县| 抚州市| 阿合奇县| 普格县| 舒兰市| 米脂县| 年辖:市辖区| 张家川| 宜宾市| 康乐县| 土默特左旗|