CHICAGO, Dec. 22 -- Chicago Board of Trade (CBOT) agricultural futures closed lower in the trading week which ended Dec. 21, with soybeans falling slightly despite new purchases from China.
The most active contract for March soybeans were down 2.75 cents weekly, or 0.31 percent, to 8.9775 dollars per bushel. March wheat dropped 16 cents, or 3.02 percent, to 5.14 dollars per bushel. March corn went down 6.25 cent, or 1.62 percent, to 3.785 dollars per bushel.
Private exporters on Thursday reported to the U.S. Department of Agriculture (USDA) new export sales of 204,000 metric tons of soybeans for delivery to China, following 1.199 million metric tons to the same destination this week.
China bought 1.43 million metric tons of U.S. soybeans last week, according to the USDA. Traders had anticipated that China would buy more soybeans, market watchers said.
CBOT soybeans were also under pressure from abundant supply from South America, overshadowing support from renewed Chinese buying of U.S. supplies.
As weather turns more favorable and the harvest underway in South America, another top world soybean exporter Brazil is ready to arrange shipments for overseas buyers.
In its latest crop report, the U.S. Department of Agriculture estimated Brazilian soybeans production at 122.0 million metric tons in December, up 1.5 million metric tons from November.
CBOT corn futures fell over 6 cents along with soybeans as Chinese demand was lacking and as U.S. ethanol margins sink further into the red. Domestic U.S. corn use in the USDA's January report will be lowered another 25 million bushels.
Even blend margins have collapsed, and there's just very little profit incentive for the biofuel industry at present.
Wheat futures ended lower following a sizable sell-off Friday. The meeting between Russian exporters and government officials yielded little new information.
In the meantime, Russia raised its grain export forecast and dampened speculation that tight supplies would prompt curbs on overseas shipments from the world's biggest wheat supplier.
国际英语资讯:Iranian FM in Baghdad for talks with Iraqi leaders on enhancing ties
你是不是认为精油对皮肤完全无害?
体坛英语资讯:Pacers hire Krauskopf as leagues first female assistant general manager
国内英语资讯:Spotlight: Belt and Road Cooperation Research Center inaugurated in Cairo
体坛英语资讯:Anfield defeat hammers home differences between Liverpool and Manchester United
国内英语资讯:China unveils follow-up lunar exploration missions
国际英语资讯:Yemens Houthi rebels fire ballistic missile at Saudi military base
国内英语资讯:China to maintain stable employment in 2019
体坛英语资讯:Leipzig, Frankfurt secure victories in German Bundesliga
优衣库新开了个神奇的店:不让买东西却大排长龙
国际英语资讯:France offers 1.15 bln USD loan to Iraq for reconstruction
国内英语资讯:Top political advisor stresses determination to overcome abject poverty
国际英语资讯:Final word on Brexit plan to go to PM as most crucial vote in a generation nears
“全球最聪明国家与地区榜”发布 中国位列第三
体坛英语资讯:Chinese womens footballer Wang scores in PSGs 7-1 rout of Metz
体坛英语资讯:Shaqiri scores twice to send Liverpool back to top, Arsenal beaten by Southampton
奥斯卡没有主持人?听说主办方请了“复联”英雄们来救场
国内英语资讯:Chinese commerce minister vows continued efforts to attract foreign investment
体坛英语资讯:Warriors stars Iguodala, Livingston set to play game against Grizzlies
国内英语资讯:Hainan govt establishes entrepreneurs consulting committee
食物过敏和食物不耐受的区别是什么?
国内英语资讯:Senior CPC official meets Afghan presidents national security adviser
国际英语资讯:Tunisian president says democratic transition still not safe
体坛英语资讯:Fujian end Beijings 13-game winning streak
逃离沙特的女子得到加拿大庇护
国内英语资讯:Premier Li stresses implementation of Xis speech on Party governance
特朗普:边境需建墙阻挡洪都拉斯“移民大军”
国内英语资讯:China Focus: China, Finland vow to write new chapter in bilateral ties
国际英语资讯:Italys La Camera named as new IRENA chief
H&M现在和Burberry联手,不过不是做衣服
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |