WHEAT – Down 10 to 15 cents per bushel.
Pressure from talk China may raise interest rates this weekend to cool inflation, which was viewed as bearish for commodities. Showers in the U.S. Plains also weigh.
CORN – Down 10 to 12 cents per bushel.
Falls amid prospects for China to raise interest rates in an attempt to rein in inflation — a move that is bearish for commodities.
Falls amid prospects for China to raise interest rates in an attempt to rein in inflation — a move that is bearish for commodities.
SOYBEANS – Down 35 to 40 cents per bushel.
Hit by concerns about inflation in China that led to talk China may boost interest rates over the weekend, a move that would be bearish for commodities, including soybeans. Soy
technically overbought and due for a correction.
Hit by concerns about inflation in China that led to talk China may boost interest rates over the weekend, a move that would be bearish for commodities, including soybeans. Soy
technically overbought and due for a correction.