24.
06.16
07:23

CBoT corn posted largest decline for three years

The courses of the CBoT Maisfutures will enter their biggest one-week drop in this week for three years. Fund companies flee their large long positions, because the vegetation conditions in the corn belt in the United States shortly before the harvest critical pollination phase are optimal. In addition, the crop conditions in the southerly regions of wheat cultivation in dry weather are also optimal.
Also observe the investors of all over the world on the outcome of the British referendum, in which the Brexit supporters have prevailed. This has impact on the exchange rates of major currencies: the euro exchange rate to the US dollar is under pressure, but the British pound is at the hour in free fall. The price of oil has fallen today night to 6.5%.

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