09252016Sun
Last update: Sun, 25 Sep 2016 05pm

Americas

Markets - Commodities - Americas

US Cash Grains-Soy bids tumble as harvest accelerates; river corn firm CHICAGO: Soybean spot basis bids deepened declines at US Midwest processing plants and river terminals on Friday, fueled by the accelerating harvest that boosted supplies, dealers said.Soy bids dropped 10 cents at a processor in Decatur, Indiana, adding to losses of 15 cents earlier this week, while the basis faded 1 to 4 cents at river terminals around the region. Strong export demand for soybeans resulted in smaller declines than those seen at processing plants.Many soy farmers were expected to harvest this weekend, depending on how the weather cooperates, the merchants said.However, flooding in parts of Iowa and Minnesota left fields water logged, delaying harvest for days. Soy and corn processing plants in Cedar Rapids, Iowa, closed down.Corn bids remained mostly the same except for a mixed trend in the river terminals, where bids at one Illinois terminal increased by 10 cents per bushel while at another Illinois plant bids ...

Markets - Commodities - Americas

CBOT Trends-Soybeans up 1-3 cents, corn steady-down 1, wheat mixed 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. CDT (1330 GMT) on Thursday. NOTE: Friday is the last trading day for CBOT October options. WHEAT - Mixed, up 1 cent per bushel to down 1 cent Seeking direction from other markets. CBOT December wheat has inched higher in each of the previous four sessions. Stronger-than-expected weekly export sales ...

Markets - Commodities - Americas

Brazil government trims 2016 coffee crop view to 49.6mn bags SAO PAULO: Brazil's crop supply agency Conab forecast the country's 2016 coffee output at 49.64 million bags on Wednesday, down slightly from its May forecast, after losses from drought in robusta growing regions eclipsed gains in arabica areas. Despite better than expected gains in leading arabica growing regions in Minas Gerais, the state which produces 50 percent of Brazil's coffee, bigger losses in robusta growing areas prompted the agency to trim its estimate. The forecast ...

Markets - Commodities - Americas

CBOT Trends-Wheat down 2-3 cents, corn down 1-2, soybeans down 2-4 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. CDT (1330 GMT) on Wednesday. NOTE: The US Federal Reserve's two-day policy meeting concludes with an interest rate decision at 1 p.m. CDT (1800 GMT). Friday is the last trading day for CBOT October options. WHEAT - Down 2 to 3 cents per bushel Lower in sideways trade; following early ...

Markets - Commodities - Americas

Soy, corn futures ease on profit taking, harvest pressure CHICAGO: US soybean and corn futures fell on Thursday, pressured by profit taking after a streak of gains and by weakness on the cash market, traders said. Wheat futures rose slightly, with short-covering supporting prices despite a glut of global supplies. Soybeans notched the biggest decline, shedding 1.5 percent after a four-session rally pushed prices to their highest in nearly a month. Traders said farmers in parts of the Midwest were aggressive sellers of recently ...

Markets - Commodities - Americas

US Cash Grains-Soy processor bids extend losses on harvest; corn weak CHICAGO: Cash basis bids for soybeans fell sharply on Wednesday at US Midwest processing plants in the early phases of the harvest as farmers delivered truckloads of fresh supplies, dealers said.Bids at some processors in Iowa and Indiana were reaching the lowest levels in months, reflecting the buildup in supplies of what is expected to be a record-large US soybean harvest. The basis at a processor in Cedar Rapids, Iowa, has decreased by 35 cents ...

Markets - Commodities - Americas

US Cash Soymeal-Offers mixed in truck market amid spotty harvest CHICAGO: Spot basis offers for US soymeal were mixed at processors in the truck market on Wednesday, falling sharply in areas west of the Mississippi River but rising in eastern areas of the Midwest, dealers said.Processors that had received good amounts of soybean deliveries from the early harvest were relaxing basis offers as they were able to boost their pace of crushing.But wet fields were causing some delays in eastern locations, leaving processors there short ...