Tuesday, December 13, 2011

13th Chicago collective agricultural products prices rise

Factors such as oil prices rose, 13th both CBOT corn, soybean prices higher. dollar exchange rates continue to rise and Ukraine under the influence of factors such as poor winter wheat crop, wheat prices rebounded 1. 1%. the same day, corn market trading the most active March contract rose 0. 5 cents per cent to each bushel of 5. 945 trillion, up 0. 1%. March wheat contract Rose 6. 25 cents per cent to each bushel of 6. 005 trillion, up 1. 1%. the January soybean contract Rose 6. 5 cents per cent to each bushel of 11. 185 dollars, up 0.  6%. analysts said crude oil prices rose on the day for bio-fuel raw materials of corn and soybean prices boost effect is clear, but the stronger dollar, gold drop also weighed on prices gradually reversed earlier gains. market risk aversion continues unabated on the day, rallied also on its suppression. Small
Mr Michael MAK, a Ukraine Agricultural Research Institute said the same day, by the effects of drought in autumn, as of December 8, winter wheat seeding rate lower than the same period last year the country 22%. Ukraine Ministry of agriculture said that currently 34% emergence of crop quality was rated as "poor". The other hand, Egypt bought 180,000 tonnes of wheat on the day, Russia, and Argentina, and France each accounted for one-third, and the United States wheat no gains, pressured the market price of wheat in Chicago. Furthermore, the United States Great Plains is expected to usher in a more recent rainfall, conducive to the growth of winter wheat crop, wheat prices also add bad factors. (Reported by reporter Li found)[banking][insurance][][Exchange][financial management of the Fund focused] global University canteens ultra

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