06262016Sun
Last update: Sun, 26 Jun 2016 06pm

Americas

Markets - Commodities - Americas

US corn ratings seen falling slightly, soy ratings steady CHICAGO: The US Department of Agriculture's weekly crop progress report is expected to show a slight decline in the condition of the US corn crop, while soybean ratings should remain steady, according to a survey of 12 analysts polled by Reuters.Analysts on average expected the government to rate 74 percent of the corn crop as good to excellent, compared with 75 percent the previous week. Estimates ranged from 72 percent to 76 percent as good to excellent.For soybeans, the average expectation was for the USDA to rate 72 percent of the crop as good to excellent, unchanged from a week earlier. Estimates ranged from 69 percent to 74 percent as good to excellent.The government is scheduled to release its next update at 3:00 p.m. CDT (2000 GMT) on Monday.Analysts expected the USDA to report the soybean crop as 92 percent planted, up from 83 percent the previous week. Estimates ranged ...

Markets - Commodities - Americas

Speculators raise net long position in COMEX gold NEW YORK: Hedge funds and money managers raised their net long position in COMEX gold contracts in the week to June 7, and cut their bullish stance in silver, U.S. Commodity Futures Trading Commission data showed on Friday.The speculators increased their net short position in copper futures and options, the data showed.Copyright Reuters, 2016 ...

Markets - Commodities - Americas

Speculators continue to hike record bullish sugar bet NEW YORK: Speculators again boosted the record net long position in raw sugar contracts on ICE Futures US they have held since early May in the week ended June 7, US Commodity Futures Trading Commission data showed on Friday. The dealers also raised their net long positions in cotton and cocoa futures and options, as they switched to a bullish position in arabica coffee, the data showed. Speculators continued to show a voracious appetite for ...

Markets - Commodities - Americas

Soybeans set for ninth week of gains, reach two-year high CHICAGO: US soybean futures were on track on Friday for a ninth consecutive week of gains, the longest bull run in 43 years, after a volatile session saw prices recover from a temporary decline driven by profit-taking.The most actively traded contract reached a 2-year high on expectations for increased export demand due to problems with crops in rival shippers Brazil and Argentina.The US Department of Agriculture, in a monthly crop report, cut its new-crop and ...

Markets - Commodities - Americas

Arabica firms as July options expire, sugar eases NEW YORK/LONDON: Arabica coffee futures on ICE rose on Friday, but remained well below the prior session's 13-month high, as dealers kept a cautious eye on forecasts for isolated frost in Brazil and focused on July options expiry.Raw sugar futures eased but hovered just below Thursday's peak, which was the highest since 2013. They closed higher for the fifth straight week and remained technically oversold after rains in top grower Brazil delayed harvest and shipments.Cocoa ...

Markets - Commodities - Americas

USDA slashes corn, soy supply view on S. American crop troubles WASHINGTON: Domestic supplies of corn and soybeans will be tighter than expected in the United States as problems with crops in Brazil and Argentina have raised demand for US supplies from overseas buyers, the US Agriculture Department said on Friday.In its monthly supply and demand report, the government cut its new-crop and old-crop ending stocks outlooks for both corn and soybeans by more than analysts had forecast. Corn and soybean futures surged shortly after the ...

Markets - Commodities - Americas

CBOT Trends-Soy up 4-5 cents, corn up 1-2 cents, wheat down 1-2 cents 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: Friday is the fourth day of the five-session period during which commodity index funds roll July positions forward. The US Department of Agriculture at 11 a.m. CDT (1600 GMT) will release its monthly supply and demand report. WHEAT - Down 1 cents to 2 cents ...