05292016Sun
Last update: Sun, 29 May 2016 04pm

Americas

Markets - Commodities - Americas

US Cash Grains-Bids mostly steady in light pre-holiday trading CHICAGO: Spot basis bids for corn and soybeans held mostly steady around the US Midwest on Friday, supported by minimal farmer selling and good end-user demand ahead of the three-day weekend surrounding Monday's US Memorial Day holiday, dealers said. Farmers sold small amounts of corn after futures reached a 10-month high, pushing cash prices above the target of $4 per bushel in some areas. Corn basis bids declined by 2 cents per bushel at a terminal along the Mississippi River in Davenport, Iowa, while bids for both corn and soybeans were unchanged elsewhere.Copyright Reuters, 2016 ...

Markets - Commodities - Americas

CBOT Trends-Wheat and corn steady-down 1 cent, soybeans mixed CHICAGO: Following are US trade expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Friday. NOTE: US markets including the CBOT will be closed on Monday for the Memorial Day holiday. CBOT trade resumes Monday at 7 p.m. CDT (0000 GMT).WHEAT - Steady to down 1 cent per bushel Light profit-taking setback after Thursday's 3 percent climb, with a stronger US ...

Markets - Commodities - Americas

CBOT corn climbs to 10-month high ahead of US holiday weekend CHICAGO: Chicago Board of Trade corn futures set a 10-month high on Friday, rising more than 1 percent on strong export demand for US supplies and position-squaring ahead of the three-day holiday weekend, traders said.CBOT July corn settled up 4-1/2 cents at $4.12-3/4 per bushel after reaching $4.13-1/2, the highest spot price on a continuous chart since July 2015.For the week, July corn rose 18-1/4 cents, or 4.6 percent, its third straight weekly advance.The USDA ...

Markets - Commodities - Americas

CBOT soybeans up on position-squaring ahead of long US weekend CHICAGO: Chicago Board of Trade soybean futures rose on Friday on short-covering and position squaring ahead of a long US holiday weekend, but declines in soymeal futures muted the market's advance, traders said.The CBOT spot soybean contract settled up 6-3/4 cents at $10.86-1/2 per bushel, staying below a 20-month high established on Thursday at $10.98.CBOT spot soymeal ended down $7 at $402.60 per short ton on profit-taking one day after setting a 20-month top.CBOT soyoil ...

Markets - Commodities - Americas

Gold at 3-month low after Yellen hints at possible rate hike NEW YORK/LONDON: Gold slid 1 percent to a three-month low on Friday, extending losses after Federal Reserve Chair Janet Yellen indicated the US central bank could raise interest rates within months if the economy continues to improve, boosting the dollar."The economy is continuing to improve ... growth looks to be picking up," Yellen said in remarks in Boston. "If that continues and if the labor market continues to improve, and I expect those things to ...

Markets - Commodities - Americas

US sets 2017 sugar tariff-rate import quota at minimum NEW YORK: The US Trade Representative (USTR) on Thursday set the tariff-rate import quota for sugar fiscal 2017 at the minimum required and announced increases for quota holders in the current 2016 year, the government said in two statements. The raw sugar import quota for 2017 will be established at the minimum of 1.12 million tonnes and the refined sugar quota at 162,000 tonnes, the USTR said. The USTR also announced allotments for specific countries ...

Markets - Commodities - Americas

Soybeans retreat on profit-taking after 20-month high CHICAGO: US soybean futures fell on Wednesday on profit-taking after rising to their highest in 20 months as soymeal pared gains, but analysts cautioned that soymeal's rally might not be over.Wheat futures rose and corn was firm after notching a 10-month top in early moves.At the Chicago Board of Trade as of 11:05 a.m. CDT (1605 GMT) July soybeans were down 4-1/2 cents at $10.81 per bushel after reaching $10.98, the highest spot price since ...