Prices of July futures contracts on agricultural products by July 1 trade results

/IRBIS, Alima Kopbaeva, July 2, 2008/ - Prices of July futures contracts on agricultural products on Chicago and New York Board of Trades by July 1 trade results. -------------------------------------------------------------- Unit Price: Trend Name measure open max. min. last -------------- ------- ------ ------ ------ ------ ----- wheat (CBOT) USD/bu 845.00 859.00 843.00 849.60 +0.74 corn (CBOT) USD/bu 714.00 721.40 703.00 719.40 -0.72 oat (CBOT) USD/bu n/a 444.00 438.00 438.00 -1.35 rice (CBOT) USD/bu 19.80 20.21 19.69 20.21 0 cotton (NYBOT) USD/lb 71.46 71.46 68.33 68.75 -3.67 -------------------------------------------------------------- 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, wheat prices have grown. USA wheat export was conducting successfully, notwithstanding the announcement of Government Agency of Supply Custom of Egypt (GASC), which says that Egypt started to purchase wheat from Russia and Canada (Egypt is constant client of USA), CBOT`s review indicates that noncompetitiveness of American wheat is temporary; sharp decreasing of USA futures till wheat prices in basin of Black Sea and Canada may change situation. [2008-07-02]