01192017Thu
Last update: Thu, 19 Jan 2017 09pm

Americas

Markets - Commodities - Americas

Wheat, corn to 1-wk highs on bargain buying, soy also firm CHICAGO: US wheat and corn futures climbed to one-week highs on Tuesday and soybeans also firmed on bargain-buying and short-covering after last week's declines, analysts said.As of 12:05 p.m. CST (1805 GMT), Chicago Board of Trade March wheat futures were up 16 cents, about 4 percent, at $4.09-1/2 per bushel, after reaching $4.11, the contract's highest since Dec. 19.March corn was up 7 cents at $3.52-3/4 a bushel and most-active March soybeans were up 18-1/4 cents at $10.15-3/4 a bushel."Sharp advances are being posted in the markets today as month-, quarter- and year-end short covering develops. Much of this is a simple correction from the losses that were posted last week," Karl Setzer, analyst with the MaxYield Cooperative in West Bend, Iowa, said in a note to clients.Large speculators expanded their large net short positions in CBOT wheat and corn futures in the week to Dec. 20, US Commodity Futures ...

Markets - Commodities - Americas

Gold rises to 2-week high in light trade after holiday NEW YORK: Gold prices rose on Tuesday to a near two-week high on weak Japanese inflation data, but trading was thin with traders in the United States returning after the long Christmas weekend and London markets still closed.Most analysts believe broad concerns about European banks and uncertainty around US President-elect Donald Trump's policies will likely support gold prices in 2017.However, the price of gold could tumble over the near term if US bond yields continue ...

Markets - Commodities - Americas

ICE cotton inches down in subdued trading ICE cotton futures edged lower for the second straight session on Tuesday in limited holiday trading, amid a steady dollar."The market is calm with minimal activity due to the holidays," said Rogers Varner, president of Varner Brokerage in Cleveland, Mississippi.Speculators dialed back their bullish cotton stance for the first time in five weeks, reducing it by 9,635 lots to 94,010 lots in the week to Dec. 20, U.S. Commodity Futures TradingCommission data showed on Friday. ...

Markets - Commodities - Americas

CBOT Trends-Soy up 4-5 cts, corn down 1-2 cts, wheat down 1-3 cts CHICAGO: Following are US trade expectations for the resumption of the grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Wednesday. WHEAT - Down 1 to 3 cents per bushel Wheat eased slightly on pace for the third straight session of lower prices in light, technically driven trade ahead of next week's Christmas holiday. Prices were hovering near Tuesday's roughly two-week low amid abundant global ...

Markets - Commodities - Americas

CBOT Trends-Soy down 9-10 cts, corn down 1-2 cts, wheat up 1-3 cts CHICAGO: Following are US trade expectations for the resumption of the grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Monday. WHEAT - Up 1 to 3 cents per bushel Wheat firm on short-covering, led by gains in K.C. hard red winter wheat, amid bitter cold that could harm dormant wheat plants in US Plains and Midwest growing regions. * Twenty percent of US HRW ...

Markets - Commodities - Americas

Soy, corn weaken on Argentine rains, technicals CHICAGO: US soybean, corn and wheat futures eased on Monday, weighed down by technical selling and expectations for more crop-friendly rainfall in Argentina. Wheat futures reversed from early gains even as bitter cold temperatures in the United States left dormant plants vulnerable to damage. Chicago Board of Trade soybeans were headed for the largest declines of the three commodities. CBOT January soybeans fell 11-1/2 cents, or 1.1 percent, to $10.25-1/4 per bushel as of 11:51 ...

Markets - Commodities - Americas

Wheat prices firm as US crops face deep freeze PARIS/SYDNEY: US wheat was slightly higher on Monday as a severe cold spell raised the threat of crop damage in some key US growing belts.Chicago soybean futures eased after export-fuelled gains on Friday, while corn also ticked lower.Grain markets remained capped by recent strength in the dollar, which has clouded US export prospects, and large global inventories that have mitigated weather risks such as the US freeze or dry conditions in Argentina.The most active wheat ...