(Bloomberg) -- Corn and soybean futures in
Chicago rose on expectation overseas buyers will increase
purchases of U.S. grains and oilseeds. Wheat futures declined.
Corn prices will ``stabilize and strengthen'' with ``the
underlying supply and demand dynamics for corn still looking
very positive'', said analysts at Barclays Capital led by Kevin
Norrish in a report yesterday, citing demand from China and
ethanol production.
Read more at Bloomberg Commodities News
Chicago rose on expectation overseas buyers will increase
purchases of U.S. grains and oilseeds. Wheat futures declined.
Corn prices will ``stabilize and strengthen'' with ``the
underlying supply and demand dynamics for corn still looking
very positive'', said analysts at Barclays Capital led by Kevin
Norrish in a report yesterday, citing demand from China and
ethanol production.
Read more at Bloomberg Commodities News
No comments:
Post a Comment