CBOT wheat rallies on better export sales

Source: Xinhua| 2018-04-28 00:05:04|Editor: huaxia
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CHICAGO, April 27 (Xinhua) -- Chicago Board of Trade (CBOT) futures traded higher on Friday morning with wheat rallying after a two-percent fall in the previous session.

As of 1457 GMT, July corn was up 2 cents at 3.9725 U.S. dollars per bushel, July wheat was up 5.75 cents at 4.9525 dollars and July soybeans up 8.5 cents at 10.48 dollars per bushel.

The U.S. Department of Agriculture on Thursday released its weekly export sales report, showing that wheat beat trade's expectations with total export volume at 297,200 tons, up noticeably from both the prior week and previous average.

CBOT soybeans were lower overnight on lackluster export sales, however the market saw a rebounce in the morning trading. Enditem

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