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On February 19, 2014, the Chicago agricultural products futures were mixed

Number of visits: Date:2014-02-20

Xinhuanet Chicago on February 19 (reporter 闫亮) by Ukraine's political tension, and South America the weather factors, such as the Chicago futures market for agricultural products of corn, wheat, and soybean futures contract price 19 were mixed, with corn and wheat closed higher.

On the same day, the corn market trading in March of the most active contract closed at $4.5375 a bushel, than the previous trading day up 4.25 cents, or 0.95%.Wheat march contract closed at $6.2025 a bushel, more than the previous trading day up 8.25 cents, or 1.35%.Soy may contract closed at $13.42 a bushel, more than the previous trading day down 5.75 cents, or 0.43%.

Because of Ukraine's political tension, market analysts worry Ukraine corn exports may be blocked.Market expectations for U.S. corn exports increased, good corn futures, the closing price of record in recent 3 months.Traders expected the U.S. corn planting area may fall this year, the specific data to the ministry of agriculture announced later this week.This news to stimulate corn investors take short covering, boost the corn futures.

Canadian wheat export transportation blocked continuously, to U.S. wheat exports positive, boost the wheat futures.In addition, the wheat market commercial buying, strong support of wheat prices rose to a two-month high recently.The weather forecast predicts that the United States next week across the Midwest are bracing for a new round of cold air, bad for wheat growth, good price.

In the previous session, soybean contract highs hit the last five months.19, traders said the soybean market encountered in profits.In addition, Brazil in South America the weather to improve, the market worries about dry weather may affect the Brazilian soybean production some relief, also pressured soybean futures downward.

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