Prices of July futures contracts on agricultural products by June 26 trade results
27.06.08 21:29
/IRBIS, Alima Kopbaeva, June 27, 2008/ - Prices of July futures contracts on
agricultural products on Chicago and New York Board of Trades by June 26
trade results.
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Unit Price: Change
Name measure open max. min. last for day
-------------- ------- ------ ------ ------ ------ -------
wheat (CBOT) USD/bu 918.00 947.40 918.00 924.00 +2.46%
corn (CBOT) USD/bu 740.40 760.00 740.40 753.60 +3.23%
oat (CBOT) USD/bu 428.00 435.40 428.00 435.40 +2.11%
rice (CBOT) USD/bu 19.55 19.55 18.96 19.00 -2.36%
cotton (NYBOT) USD/lb 77.82 74.25 72.82 73.75 +1.50%
sugar (NYBOT) USD/lb 11.55 11.80 11.37 11.69 +1.72%
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The data on crops in table are based on information of CBOT (Chicago Board of
Trade); data on cotton and sugar - NYBOT (New York Board of Trade).
USD/bu means price in USD per grain bushel, USD/lb - means price in USD per
pound.
Crops market remains stable. In the nearest future, traders expect wheat from
Germany on the market, where harvest is forecast 9 % higher than that of last
year. Anxieties about further harvests in Argentina and Eastern Australia make
damping influence on the market. Droughty weather may hold on for another 10
days there. Let us remind that Australia is the third huge crops deliverer on
the world market.
[2008-06-27]