CBOT wheat rises over falling EU crop

Source: Xinhua| 2018-07-05 23:52:52|Editor: huaxia
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CHICAGO, July 5 (Xinhua) -- Chicago Board of Trade (CBOT) wheat futures traded higher on Thursday morning over falling crop estimates in Europe.

As of 1447 GMT, December corn was up 0.75 cent at 3.65 dollars and September wheat up 14 cents at 5.05 dollars per bushel while November soybeans were down 1 cent at 8.6325 dollars per bushel.

Estimates that France and Black Sea wheat producers will harvest less crop due to the fact that adverse weather conditions have led to sharp rises in the CBOT wheat prices.

Meanwhile, soybeans futures have continued the downtrend as investors are closely watching trade between the United States and China. Enditem

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