01172017Tue
Last update: Tue, 17 Jan 2017 10pm

Americas

Markets - Commodities - Americas

European feeds-Soymeal little changed, hitting pre-Christmas doldrums ROTTERDAM: Soymeal on the European meals and feeds market was offered in a tight range on Friday as players started to wind down business ahead of the holidays. "It seems we have entered the dreaded pre-Christmas doldrums.This week was rather hectic because of the rally in the dollar, but it seems today the market took a breather and it is unlikely it will pick up much during the coming week," one broker said. South American soymeal was mostly offered between flat and $2 a tonne up, following the slightly firmer trend in CBOT soymeal futures. Buyers showed little interest going into the weekend and no deals were reported. EU rapemeal followed the trend in soymeal with asking prices between unchanged and three euros per tonne higher, tracking soymeal and supported by improved trade on Wednesday and Thursday.There was no follow-through business seen on Friday. Copyright Reuters, 2016 ...

Markets - Commodities - Americas

Strong exports underpin gains in US soy; corn, wheat dip CHICAGO: US soybean futures firmed on Friday, supported by a fresh export deal that highlighted the robust overseas demand for the oilseed as well as lingering concerns about dry conditions in Argentina, traders said. Wheat and corn futures slipped on pressure from ample global supplies of both grains. But the losses were kept in check by short-covering, traders said. For the week, Chicago Board of Trade soybean futures were down 0.4 percent. Corn futures have ...

Markets - Commodities - Americas

CBOT Trends-Soybeans down 5-6 cents, wheat down 2-3, corn down 1-2 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 Wednesday. NOTE: Economists expect the US Federal Reserve to raise interest rates for the first time in a year, with a statement scheduled at 1 p.m. CST (1900 GMT) and a press conference by Fed Chair Janet Yellen to follow. CBOT December contracts expire at 12:01 ...

Markets - Commodities - Americas

Brazil center-south produces 1.13mn tonnes of sugar in late Nov SAO PAULO: Brazil's main center-south cane belt produced 1.13 million tonnes of sugar in the second half of November compared with 1.37 million tonnes in the previous two-week period, as mills approached the end of the 2016/17 crushing season, sugar industry group Unica said on Wednesday.Its data showed mills crushed 19.68 million tonnes of cane late in November versus 21.76 million tonnes earlier in the month.Unica said 165 mills have finished processing this year's crop, ...

Markets - Commodities - Americas

NOPA November soybean crush seen at 162.568mn bushels CHICAGO: US soybean processors likely boosted their November crushing pace by 4.1 percent from a year earlier, with a record harvest providing ample fuel for the plants, traders and analysts said.The National Oilseed Processors Association (NOPA), the largest US trade group for the industry, is expected to report that its members crushed 162.568 million bushels of soybeans in November, based on the average of estimates given by six analysts.That would eclipse the previous November record ...

Markets - Commodities - Americas

Gold eases as US Fed meets, global stock indexes rise NEW YORK/LONDON: Gold edged lower on Tuesday, losing its luster as the Federal Reserve began its two-day meeting during which it is expected to deliver the second US interest rate hike in a decade and provide some insight into its outlook for 2017.Markets have priced in a near 100 percent chance of a quarter-point increase. Higher interest rates generally dent demand for non-yielding bullion while strengthening the dollar, in which it is priced.Spot gold slipped ...

Markets - Commodities - Americas

CBOT wheat up for fourth day; corn, soy rise on exports CHICAGO: Chicago Board of Trade corn and soybean futures firmed on Tuesday on support from strong exports of both commodities following the record US harvest. Wheat futures also were higher, on track for their fourth straight day of gains as traders continued to cover short positions ahead of the year's end. The most-actively traded CBOT wheat contract hit its highest in more than two weeks. Gains in corn and soybeans were kept in check as ...