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On March 6, 2014, the Chicago agricultural products futures closed higher

Number of visits: Date:2014-03-08
 

Xinhua Chicago, March 6, special telegram (reporter 闫亮) positive support by American agricultural product export data last week, the Chicago futures market for agricultural products of corn, wheat, and soybean futures contract price 6, all closed up.

On the same day, the most active may corn trading contract closed at $4.91 a bushel, more than the previous trading day up 9 cents, or 1.87%.Wheat may contract closed at $6.46 a bushel, more than the previous trading day up 3.5 cents, or 0.54%.Soy may contract closed at $14.38 a bushel, than the previous trading was up 17.5 cents, or 1.23%.

Last week, the United States department of agriculture released data show that the United States exported 773000 tons of soybeans, old new export 257000 tons of soybeans, close to the market had expected a maximum of data, support the bean city closed higher.Market analysts said that the international market is still strong demand for U.S. soybeans and corn, boost soybean and corn futures closed higher.

Maize, the export market in 2013 to 2014 last week to deliver 1.52 million tons of corn, 81% than the previous week, 35% higher than the previous 4 weeks average, and export delivery between 2014 and 2015, 165000 tons of corn, were higher than market expectations, support corn futures closed higher.

Wheat, obsolete export 556100 tons of wheat in the United States, than the previous week's exports increased by 52%, than the first 4 weeks average increased by 10%, and market expectations of wheat exports interval value is 350000 to 650000 tons.

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