Chicago Board of Trade (CBOT) agricultural commodities traded higher on Tuesday morning, as demand for U.S. soybeans rises and export inspections turn out to be higher for corn.
March corn were up 3.75 cents at 3.625 U.S. dollars per bushel as of 1540 GMT, March wheat was 4.25 cents higher at 4.445 dollars, and March soybeans was 12.75 cents higher at 9.825 dollars.
As for international market, dry and hot weather occurred across Argentina and South Brazil on Monday. Weather forecast calls for another 2-3 days of heat and dryness across Argentina before showers arrive during late Friday and linger into the weekend.
March corn were up 3.75 cents at 3.625 U.S. dollars per bushel as of 1540 GMT, March wheat was 4.25 cents higher at 4.445 dollars, and March soybeans was 12.75 cents higher at 9.825 dollars.
As for international market, dry and hot weather occurred across Argentina and South Brazil on Monday. Weather forecast calls for another 2-3 days of heat and dryness across Argentina before showers arrive during late Friday and linger into the weekend.
Latest comments