Prices of July futures on agricultural products by July 14 trade results

/IRBIS, Alima Kopbaeva, July 15, 2008/ - Prices of July futures contracts on agricultural products on Chicago and New York Board of Trades by July 14 trade results. -------------------------------------------------------- Unit Price: Trend Name measure open max. min. last -------------- ------- ------ ------ ------ ------ ----- wheat (CBOT) USD/bu 807.00 813.40 807.00 810.00 -1.10 corn (CBOT) USD/bu 655.00 669.20 654.00 657.00 -3.38 oat (CBOT) USD/bu 437.00 437.00 437.00 437.00 0 rice (CBOT) USD/bu 0 19.94 19.80 19.94 +0.71 cotton (NYBOT) USD/lb 66.23 66.81 64.96 66.72 +1.95 -------------------------------------------------------- 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. Yesterday published statistic data had negative influence on wheat price. Thus, according to Buenos Aries Grain exchange, wheat crop acre in Argentina made 4.8 m. hectare, what is 13% lower than the similar indicator of last year. This value is the minimal for recent 15 years. Nevertheless, USA Department of Agriculture considers that the wheat harvest amount in Argentina for this year will make 25 m. tons, what are higher previous forecasts (23 m. tons). [2008-07-15]