Group 1 - Chicago futures market saw an overall increase in corn, wheat, and soybean prices on July 24, with corn rising to $4.21 per bushel, an increase of 3.25 cents (0.78%) from the previous trading day [1] - Wheat September contract closed at $5.42 per bushel, up 1 cent (0.19%), while soybean November contract reached $10.24 per bushel, increasing by 1.5 cents (0.15%) [1] - Traders are hesitant to increase risk ahead of the August weather conditions in the Midwest and the upcoming tariffs set to take effect on August 1, with expectations of trade agreements that may not lead to significant new export demand for U.S. agricultural products [1] Group 2 - The USDA reported export sales for the week ending July 17, showing wheat export sales at 26.2 million bushels, old corn at 25.3 million bushels, new corn at 28.9 million bushels, old soybeans at 5.9 million bushels, and new soybeans at 8.8 million bushels [2] - Cumulative export sales for the current crop year include 329 million bushels of wheat (up 35 million bushels year-on-year), 2.76 billion bushels of corn (up 594 million bushels), and 1.867 billion bushels of soybeans (up 208 million bushels) [2] - Weather forecasts indicate that ridge storms will bring daily showers to the Midwest, with warm temperatures expected to last for 4-5 days, followed by a return to average temperatures [2]
【环球财经】芝加哥农产品期价24日全线上涨