Workflow
【环球财经】芝加哥农产品期价20日全面下跌

Group 1 - The core viewpoint of the articles indicates that favorable weather conditions in the central United States have led to a decline in the prices of corn, wheat, and soybeans at the Chicago futures exchange [1] - On June 20, 2023, corn prices fell by 4.75 cents to $4.29 per bushel, wheat prices dropped by 7 cents to $5.84 per bushel, and soybean prices decreased by 7.5 cents to $10.61 per bushel [1] - Market analysts expect the condition of U.S. corn and soybean crops to remain stable and improve, despite the recent price declines [1][3] Group 2 - The U.S. has not signed new trade agreements, with many countries' 10% tariff deadlines approaching on July 9, and there are no public arrangements for new trade talks between the U.S. and China [1] - The USDA reported that as of the week ending June 12, U.S. wheat export sales were 15.7 million bushels, corn export sales were 35.6 million bushels, and soybean export sales were 19.8 million bushels [1] - For the current crop year, cumulative U.S. wheat export sales reached 233 million bushels, an increase of 34 million bushels year-on-year; corn export sales totaled 2.631 billion bushels, a 26% increase; and soybean export sales reached 1.805 billion bushels, an 11% increase [2] Group 3 - Due to the absence of Chinese buyers, U.S. new crop soybean sales are at the second-lowest level in history [3] - Weather forecasts indicate that rain will cover the northern plains and parts of the Midwest and Canadian prairies over the next 10 days, with high temperatures in the central U.S. continuing until June 24 [3] - These weather conditions are favorable for crop growth, which may further influence market dynamics [3]