Agricultural Commodities closed Wednesday’s session in the red territories as traders continue to wait for critical details related to the U.S.-China trade negotiations. Wheat, Corn, and Soybeans ended the session lower.
Agricultural Commodities closed Thursday’s session in mixed territories as traders are waiting for the World Agricultural Supply and Demand Estimates (WASDE) report from USDA. Soybeans ended the session higher, while Wheat and Corn ended the session lower.
Agricultural Commodities closed Friday’s session in mixed territories, where Wheat edged up, Corn finished flat, and Soybean took the biggest hit on Friday after WASDE report was revealed from the United States Department of Agriculture.
Agricultural Commodities closed Monday’s trading session in the red territory, as Corn fell for fourth consecutive sessions, Soybean plunged despite a large sale to China, while Wheat futures dropped over concerns about large domestic and global stocks.
Agricultural Commodities closed Tuesday’s trading session in the green territory, as Corn, Wheat and Soybean finished the session higher due to technical buying and short covering.
Agricultural Commodities closed Wednesday’s trading session in the green territories. Wheat, Corn, and Soybean ended the session higher.
Agriculture Commodities ended Thursday’s session in the green territory boosted by the delayed planting and dryer weather.
Agriculture Commodities ended Monday’s trading session on green notes, where Wheat, Corn, and Soybean settled the session up.Regarding weather news, the temperature is expected to be above than average in Midwest and Plains in later this week.In oil space, oil prices edged up on Monday boosted by supply cuts, where U.S Crude oil rose slightly to settle up at $59.06 a barrel while Brent oil rose to end higher at $67.24 a barrel. On Tuesday, U.S Crude oil and Brent Oil both rose to trade at $59.33 and $67.50 a barrel respectively at 8:30 GMT.