01182017Wed
Last update: Wed, 18 Jan 2017 10am

Americas

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 the ample supply base was more than able to handle recent demand bumps. "US corn and soy exports continue to run at breakneck paces, with China slurping up all the beans they can handle and most key corn importers taking advantage of cheap US corn, but domestic supplies of both crops will remain robust even with those fast export paces," INTL FCStone said in a research note. At 10:38 a.m. CST (1638 GMT), CBOT January ...

Markets - Commodities - Americas

CBOT Trends-Soybeans up 5-6 cents, corn and wheat 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 Tuesday. NOTE: Economists expect the US Federal Reserve to raise interest rates for the first time in a year on Wednesday. CBOT December contracts expire on Wednesday. WHEAT - Down 1 to 2 cents per bushel Lower on technical selling in thin trade as the end-year ...

Markets - Commodities - Americas

US Cash Soymeal-Offers weaken on light demand CHICAGO: Spot basis offers for US soymeal eased on Tuesday, weighed down by light demand from end users, dealers said.Truck market offers fell by $3 per ton at processing plants in parts of Iowa.On the rail market, offers were $1 per ton weaker at Midwest locations.Most livestock and poultry producers already had booked enough orders to last them through Christmas, brokers and traders said.Both rail and truck logistics were running smoothly despite snow and cold ...

Markets - Commodities - Americas

US Cash Soymeal-Truck offers flat; rail offers mixed        CHICAGO: Spot basis offers for US soymeal held steady at truck market locations around the Midwest; dealers on the cash market said on Tuesday. Offers for soymeal delivered by train were mixed, firming slightly at Midwest locations while weakening in the Kansas City market. Dealers continued to roll their basis offers to the Chicago Board of Trade January contract from the December , which is in the delivery period and expires on Dec. 14. Demand remained light, with most end users still well-stocked with ...

Markets - Commodities - Americas

US Cash Soymeal-Truck market flat amid sluggish dealings     CHICAGO: Spot basis offers for soymeal held steady at truck market locations around the US Midwest on Monday, with dealers reporting light interest from end users. On the rail market, offers were mostly steady but rose by $1 per ton in the Kansas City area.* Supplies were ample but most dealers kept basis levels unchanged as they waited for end users to book orders for the upcoming holidays. Strength in the futures market on Monday boosted cash prices and kept most livestock ...

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 ...

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 ...