Declines Across Markets: Commodity Prices Close Lower on July 31

Closing commodity prices for July 31 have been reported by GX94 Radio. Craig Read provided the update.

The CANOLA market saw significant declines, with November contracts down 1.38% to $758.20 and January contracts down 1.32% to $767.50.

Ominous trends also affected Minneapolis wheat, Kansas City wheat, and Chicago wheat, as their September contracts dropped by 0.31%, 0.33%, and 0.39% respectively.

Corn prices fell slightly, with September contracts down 1.14% to $4.40.75, while soybeans saw a decrease of 0.45% in August contracts to $11.72.