Chicago agricultural futures lower as investors await governmental crop report

CHICAGO, June 28 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural commodities traded lower on Thursday morning, as investors prepare for Friday's Acreage and Quarterly Stocks Report by the U.S. Department of Agriculture.

July corn was 1.5 cents lower at 3.51 U.S. dollars per bushel as of 1630 GMT, September wheat was 4 cents lower at 4.845 dollars, and November soybean was down 5.5 cents at 8.835 dollars.

On Thursday, investors are expected to digest the estimates for the U.S. first quarter GDP growth and the weekly report on initial jobless claims. Enditem