Corn prices fell in the U.S. market last week
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Last Update: 2001-04-25
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Source: Internet
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Author: User
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Introduction: [corn prices in the U.S market fell last week] according to overseas media reports, in the week ending April 20, corn prices in the Chicago Grain Exchange fell due to the unsatisfactory export of corn from the U.S., but wheat prices were basically stable On the Chicago Grain Exchange, the price of a bushel of corn (25.4kg, delivery in May) fell to 204.50 cents from 211.75 cents a week earlier Traders pointed out that figures released by the U.S Department of agriculture estimated that the export volume of corn in the United States last week was 5500800 tons, which disappointed market participants and further lowered the price of corn However, traders pointed out that 420000 tons of wheat exports were fully in line with expectations, so the price of wheat per bushel (27.2kg, delivery in May) rose to 267.50 cents from 266.75 cents in the previous week In London's LIFFE market, the price of wheat delivered in May rose to £ 75.50 a tonne from £ 74.05 in the previous week China feed industry information network WP7
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