Prices of July futures on agricultural products by July 8 trade results
09.07.08 21:03
/IRBIS, Alima Kopbaeva, July 9, 2008/ - Prices of July futures contracts on
agricultural products on Chicago and New York Board of Trades by July 8 trade
results.
--------------------------------------------------------------
Unit Price: Trend
Name measure open max. min. last
-------------- ------- ------ ------ ------ ------ -----
wheat (CBOT) USD/bu 816.00 832.00 804.40 823.20 +0.15
corn (CBOT) USD/bu 690.00 698.40 673.40 693.60 -3.29
oat (CBOT) USD/bu 0 435.00 427.00 427.00 -1.84
rice (CBOT) USD/bu 20.00 20.10 19.50 19.69 -4.42
cotton (NYBOT) USD/lb 66.20 66.50 66.20 67.31 -2.76
--------------------------------------------------------------
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.
There is tendency to wheat prices fall on the market. It is conditioned by the
fact that Arab countries began to purchase wheat of Black Sea basin, as it
differs by quality and cheapness from USA wheat. For example, Jordan has
already purchased 50,000 tons of Black Sea wheat.
[2008-07-09]