The international agricultural information:
by the U.S. department of agriculture’s monthly supply and demand report as well as weather synthesis influences, cbot corn’s July futures prices rose by 1.8% contract 11, since April 28th. Wheat and soyabean prices are rising.
On July contracts, corn closed up 6.5 cents to $377 per bushel. Soybean July contracts with a bushel, 5.0 cents at $9.66. Wheat closed up on July contracts, to 0.5 cents per bushel 4.9325 dollars.
The United States department of agriculture announced 11 monthly report, due to supply to ethanol and animal feed corn increased demand, the American corn inventories below market expectations, after the futures price increase benefit for corn. In addition, because farmers sow corn, too busy with sales in the spot market strong, and the American Midwest recently in cool weather or will slow speed to maize seeding corn futures prices provide strong support.
Although the usda, according to the ministry data released on May 31, as global wheat stocks