Corn prices soared to a two-month high as weather conditions affected the US harvest.
Egypt’s futures contracts traded on the Chicago stock exchange, while experts in the USA lowered the harvest expectations due to the hot and dry weather conditions, they rose today after the last trading day due to concerns about global supply and reached the peak of 2 months.
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While wheat prices rose, soybeans declined. Corn futures contracts, which have the highest trading volume on the Chicago stock market, were traded at $ 6.74 / bushel, or $ 263.4 / ton, with an increase of 0.7 percent, after seeing the highest value seen since June 24, with $ 6.74 / bushel during the day.
Soybeans fell 0.8 percent to $ 14.49 /bushel, or $532.4/tonne. Wheat increased by 0.3 percent to $ 8.07 / bushel, or $ 296.5 / ton.
