12042016Sun
Last update: Sun, 04 Dec 2016 07pm

Americas

Markets - Commodities - Americas

US wheat ratings seen steady at 58pc good/excellent CHICAGO: The US Department of Agriculture in a weekly report due later on Monday should show no change in US winter wheat condition ratings, according to the average forecast in a Reuters poll of eight analysts.The average estimate for the amount of US winter wheat rated in good to excellent condition was 58 percent, unchanged from the USDA's figure a week earlier.The USDA was scheduled to release its weekly crop progress and conditions report, its last for 2016, at 3 p.m. CST (2100 GMT). The government issues the weekly reports from April through November.The harvest of soybeans and corn is virtually complete, with progress reaching 97 percent for soybeans by Nov. 13 and 97 percent for corn by Nov. 20, the USDA said. Copyright Reuters, 2016 ...

Markets - Commodities - Americas

Hefty supplies, Chicago fall, pull EU wheat to 10-day low PARIS: European wheat futures fell to a 10-day low on Monday, pressured by a fall on US markets and ample global supplies.December milling wheat on Paris-based Euronext unofficially closed 1.6 percent lower at 165.50 euros a tonne after touching 165.25 euros, a low since Nov. 18. Most active March was down 0.9 percent to 168.25 euros a tonne.Euronext continued to see technical adjustments in the run-up to the expiry of December futures, with a widening ...

Markets - Commodities - Americas

European vegoils-Palm oil up on technicals, tight supply fears ROTTERDAM: Palm oil on the European vegetable oils market firmed on Monday on technical buying in futures markets towards the end of the year, buoyed by concerns about tight nearby supplies. Palm oil was offered between unchanged and $12.50 a tonne up from Friday after Malaysian palm oil closed between 37 and 50 ringgit per tonne higher, helped by tight supplies and price forecasts by leading analysts at an industry conference on Friday. "Towards the ...

Markets - Commodities - Americas

Brazil cocoa output to recover in 2016/17, industry eyes expansion SAO PAULO: Brazil's new-crop cocoa production is poised for a recovery after a steep fall in the previous season due to drought, according to estimates from an analyst and the main local industry association. The recovery will lead local processors next year to pare back the large volume of imports that they booked this year to supply the local industry. According to the AIPC, the association which represents cocoa processors in the country such as ...

Markets - Commodities - Americas

CBOT Trends-Wheat down 3-5 cents, corn steady-down 1, soy up 9-10 CHICAGO: Following are US trade expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Monday.NOTE: The US Commodity Futures Trading Commission is scheduled to release its weekly Commitments of Traders report at 2:30 p.m. CST (2030 GMT). Wednesday is first notice day for deliveries against CBOT December futures. WHEAT - Down 3 to 5 cents per bushel Heading lower for ...

Markets - Commodities - Americas

Exports help soybeans to new 4-month top after US holiday CHICAGO/PARIS: Chicago Board of Trade soybean futures rose on Friday to a new four-month high as stronger than expected weekly exports and an easing dollar provided support as trading resumed after a holiday closure. Soybeans remained firm despite easing soyoil futures, which gave back some of the huge gains from Wednesday when vegetable oils were fired up by increased US biofuel targets. Corn and wheat edged lower as higher than anticipated weekly export sales failed ...

Markets - Commodities - Americas

Brazil launches campaign to lower tariffs on instant coffee UNA: Brazil's instant coffee industry launched a campaign on Friday to lower tariffs in importing countries with the aim of boosting sales abroad by the world's largest exporter of soluble coffee by 50 percent over the next decade. The country's soluble coffee industry association, Abics, and Brazil's export promotion agency Apex are running the project that will have investments of 1.3 million reais ($380,000).The project will focus on direct trade talks with countries over their ...