CBOT crop futures mixed in morning trade

Source: Xinhua| 2019-11-19 02:02:14|Editor: huaxia
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CHICAGO, Nov. 18 (Xinhua) -- Chicago Board of Trade (CBOT) crop futures traded mixed on Monday morning, with wheat rallying amid bargain buying.

CBOT wheat posted losses in the past three straight sessions, reaching five-week low.

Bargain buying on Monday morning pushed up the grain prices, said market watchers.

Private U.S. exporters reported sales of 132,000 metric tons of corn for delivery to unknown destinations during the 2019/20 marketing year, the U.S. Department of Agriculture (USDA) has just confirmed.

However, the fresh export sales failed to push up corn prices as traders await an updated crop progress report, expected to be released late Monday.

As of 1648 GMT, the most active wheat contract for December delivery went up 6.5 cents to 5.0925 U.S. dollars per bushel. December corn fell 1.25 cents to 3.70 dollars per bushel. January soybeans were down 2.75 cents to 9.155 dollars per bushel. Enditem

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