/IRBIS, Alima Kopbaeva, July 17, 2008/ - Prices of July futures contracts on agricultural products on Chicago and New York Board of Trades by July 16 trade results.

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                Unit                             Price:  Trend
Name            measure    open    max.    min.    last
--------------  -------  ------  ------  ------  ------  -----
wheat (CBOT)    USD/bu   801.00  838.00  797.00  834.00  +2.84
corn (CBOT)     USD/bu   644.00  659.60  639.00  658.40  +1.57
oat (CBOT)      USD/bu   430.00  431.00  427.00  428.00  -0.93
rice (CBOT)     USD/bu    17.62   17.80   17.62   17.80    n/a
cotton (NYBOT)  USD/lb    70.70   71.10   69.75   70.71  +0.04
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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.

USA traders announced that oil prices fall and USD volatility were the factors, exerting pressure on wheat prices. Besides, the fact that India intends to sell 6 m. tons of wheat, owned by the government, on internal markets influenced wheat quotation increase.

[2008-07-17]