CHICAGO, Dec. 27 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural commodities opened mixed Wednesday, as extremely cold weather moves into the U.S. plains, threatening the hard red wheat crop.
Corn is following wheat higher, while soybeans, which gained overnight, are back to lower level amid light volume and conflicting fundamentals.
March corn were up 1.25 cents at 3.54 U.S. dollars per bushel as of 1545 GMT in the morning trading, March wheat was up 3.5 cents at 4.22 dollars, while March soybeans was down 2.5 cents at 9.68 dollars.
As for international market, Egypt's General Authority For Supply Commodities (GASC) received 7 offers of Russian wheat and just 1 offer of Romanian wheat in an overnight tender for February 1-10 shipment.
The lowest offer was Russian wheat at 192.35 U.S. dollars per tonne. It's expected that GASC will secure mostly Russian wheat in this tender with Black Sea prices generally stable.
China released final trade data for November overnight. China imported a record 8.7 million tonnes of soybeans with the U.S. supplying 4.66 million tonnes. China also imported 155,817 tonnes of wheat and 21,756 tonnes of corn. Enditem
