Canadian Packaging

Propurchaser: Grain roller-coaster ride continues

By Propurchaser   

General Grain prices

The roller-coaster ride of grain prices continues this week.

Corn for September delivery fell 12 cents (2.9 percent) to close at $4.0525 per bushel in Chicago August 24, as speculators sold to lock in profits, after a bigger-than-expected plunge in US home sales stoked concerns the economy may relapse into recession.

Wheat for December delivery closed down 17.75 cents (2.4 percent) at $7.0775 per bushel, also pulled down by profit taking.

Advertisement

In Kansas City, December wheat fell 16 cents to close at $7.1550 per bushel.

In Minneapolis, it dropped 12.5 cents to close at $7.1425 per bushel.

This update was provided by Propurchaser.com. For-up-to-date commodity information and analysis in areas such as metals, natural resources and energy visit www.propurchaser.com/pb2b.

Advertisement

Purchasingb2b readers enjoy an extended 45-day free trial membership.

Stories continue below
Print this page

Related Stories
Propurchaser: Grains edge downward
Propurchaser: Metals on the rise
Crude oil hits one-month low
Propurchaser: Copper trending down




Category Captains 2024
Machinery