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03.07.2008 17:51 #KASE news

Prices of July futures on agricultural products by July 2 trade results

/IRBIS, Alima Kopbaeva, July 3, 2008/ - Prices of July futures contracts on agricultural products on Chicago and New York Board of Trades by July 2 trade results.

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               Unit                         Price: Trend
Name           measure   open   max.   min.   last
-------------- ------- ------ ------ ------ ------ -----
wheat (CBOT)   USD/bu  845.00 865.20 845.00 865.20 +1.81
corn (CBOT)    USD/bu  716.00 749.40 716.00 748.60 +4.06
oat (CBOT)     USD/bu     n/a 454.00 438.00 454.00 +3.65
rice (CBOT)    USD/bu   20.15  22.10  20.15  20.21 +1.43
cotton (NYBOT) USD/lb   68.33  68.34  68.33  68.33 -0.96
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The data on crops in the table are based on information of CBOT (Chicago Board of Trade); the data on cotton and sugar - provided by NYBOT (New York Board of Trade).

USD/bu - price in USD per grain bushel, USD/lb - price in USD per pound.

According to CBOT, traders consider that futures prices decline allowed for American wheat to increase its competitiveness against Western Europe wheat.

[2008-07-03]