Dry weather has generated highs and lows in grain prices in Chicago



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Soy and wheat now exploited on the rise, unlike the corn that made below, in the Chicago grain market. The ups and downs took place different positions and also thanks to the dry climate which affects the main producing regions.

Soybean contracts reached a maximum in a week and a half during today's wheel, and they made their first weekly download in a month. At position 08/19, the bean increased by 3.22 USD (1.01%) to 321.05 USD; oil, $ 12.13 (1.89%) to $ 650.57; and flour, 2.09 USD (0.64%) to 327.05 USD.

The price was supported for technical purchasing and hedging operations. Added to this are the dry weather concerns in the Midwest and the potential for this to limit the potential yields of soya beans.

Meanwhile, wheat futures closed the week by scoring slight increases, with an increase from $ 0.37 (0.20%) to $ 183.53 in the 19/19 contract. Cereal prices have evolved mainly by taking positions of market operators, before reports to be released Monday by the US Department of Agriculture (USDA).

Instead, maize futures contracts they closed mixed in Chicago, with positions with shorter maturities ending on negative lots. The 19/09 position decreased from $ 0.30 (0.18%) to $ 1601.51 per tonne.

At today 's conference, the positioning of the operators prevailed before the report on supply and demand published by the USDA. Dry weather in the Maicero belt limit falls in short positions and causes slight increases in positions with more time to expire.

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