Prices of July futures contracts on agricultural products by June 30 trade results

/IRBIS, Alima Kopbaeva, July 1, 2008/ - Prices of July futures contracts on agricultural products on Chicago and New York Board of Trades by June 30 trade results. -------------------------------------------------------- Unit Price: Trend Name measure open max. min. last -------------- ------- ------ ------ ------ ------ ----- wheat (CBOT) USD/bu 879.00 888.00 843.40 843.40 -5.81 corn (CBOT) USD/bu 740.00 744.00 717.00 724.60 -3.98 oat (CBOT) USD/bu 426.00 445.00 426.00 444.00 +2.78 rice (CBOT) USD/bu 19.14 20.21 18.80 20.21 +8.13 cotton (NYBOT) USD/lb 73.00 73.00 70.81 71.40 -2.73 sugar (NYBOT) USD/lb 11.44 11.59 11.26 11.57 +5.76 -------------------------------------------------------- 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 - price in USD per grain bushel, USD/lb - price in USD per pound. According to CBOT review, for the week wheat export made 15 m. bushel, which is lower than forecast by the USA Department of Agriculture (19.3 m. bushel). At that, quarter reserves of wheat as of June 1, 2008 are estimated in 305.6 m. bushel (against 456 m. bushel for the same period of last year). These data are moderately negative, which affected crops prices dynamics on Monday. Nevertheless, analysts expect growth of wheat prices in the nearest future due to floods in harvest Middle West territories of the USA. [2008-07-01]