Friday has been characterized by the decline of major quotations in the market of wheat. Corn has also dropped in value, whereas soy has managed to rise.
Wheat. The grain variety has dropped in value at Chicago exchange, namely, by 14 cents or 1.5 percent, which equals to 8.895 dollars per bushel, or 325.8 dollars per ton. At Kansas City exchange wheat has dropped by 10.5 cents or 1.1 percent – to 9.06 dollars per bushel, or 335.7 dollars per ton.
Similar trend could be observed at European trading grounds. At London exchange LIFFE November contract has dropped in value by 0.6 percent – to 204.85 pounds sterling per ton. At Paris exchange wheat has dropped by 1.1 percent – to 263.75 euro per ton.
Corn and soy. Corn has dropped in value by 5.5 cents or 0.7 percent – 7.9975 dollars per bushel, or 292.9 dollars per ton. Soy has gained 6.5 cents or 0.4 percent, having amounted to 17.565 dollars per bushel or 643.4 dollars per ton.
For the weekly period of August 17 - 24 wheat has dropped by 0.7 percent at Chicago exchange and by 0.9 percent at Kansas City exchange. Last week corn has risen by 0.2 percent, soy – by 5.2 percent.
