06272016Mon
Last update: Mon, 27 Jun 2016 04pm

Americas

Markets - Commodities - Americas

US Cash Soymeal-Offers steady to lower on ample US supply  CHICAGO: Soymeal basis offers were steady to lower around the United States on Friday, pressured by ample supplies following recent waves of farmer soybean sales and as gains in futures limited demand, dealers said.Truck offers fell by $3 per ton in Claypool, Indiana, and were down by about $1 in the barge river market, with dealers discounting basis differentials to entice buyers. US crushers on average had six week's worth of soybean supplies to process, one analyst said.Trading was limited ahead of the planned 11 a.m. CDT (1600 GMT) release of a monthly US Department of Agriculture report that was likely to show slightly smaller US soy ending stocks estimates. Increased volumes of offerings out of No. 1 soymeal exporter Argentina also kept a lid on demand for US meal.At 9:14 a.m. CDT (1414 GMT), Chicago Board of Trade soymeal futures for July delivery were up $5.10 at $418.60 a ...

Markets - Commodities - Americas

Argentine 2015-16 soy harvest at 86.7 percent of land planted BUENOS AIRES: Argentine farmers have brought in 86.7 percent of land planted with soybeans this season, the Buenos Aires Grains Exchange said on Thursday, adding 8 percentage points during the week but lagging last year's harvesting tempo by 9.9 percentage points due to rains. Harsh early April storms wrecked the crop in parts of southern Cordoba, Santa Fe and Entre Rios provinces, leaving other areas too wet to be harvested on schedule. While those areas ...

Markets - Commodities - Americas

Arabica falls sharply from 13-month high, sugar at 2013 peak NEW YORK/LONDON: Arabica coffee futures on ICE fell more than 11 cents from a 13-month high on Thursday, initially buoyed by forecasts for isolated frost in top producer Brazil but then pressured by profit taking and options-related selling.Raw sugar prices inched up to the highest in more than 2-1/2 years on speculative buying, while cocoa was slightly higher.July arabica coffee settled down 5.7 cent, or 4.1 percent, at $1.3395 per lb, after rallying to $1.45, ...

Markets - Commodities - Americas

CBOT corn down first time in 7 sessions on profit-taking CHICAGO: Chicago Board of Trade corn futures eased about 1 percent on Thursday, declining for the first time in seven sessions as investors locked in profits following Wednesday's 11-month high, traders said.Traders were squaring positions ahead of Friday's monthly US Department of Agriculture supply and demand report and as crop-friendly rainfall was predicted in the US Corn Belt.The closely tracked July-December corn futures spread fell to a roughly three-week low as investors rolled out of ...

Markets - Commodities - Americas

CBOT soy ends mixed, deferred months rise on export demand CHICAGO: Chicago Board of Trade soybean futures ended mixed on Thursday as traders awaited the release of US Department of Agriculture crop data on Friday and factored in expectations for stronger export demand, traders said.Front-month July soybeans ended down 1-3/4 cents at $11.76 a bushel as traders took profits before the USDA crop report.New-crop November soybeans rose 2-1/2 cents to $11.52-3/4 amid expectations for export demand to increase as a result of production problems in ...

Markets - Commodities - Americas

CBOT wheat drops on profit-taking, accelerating harvest CHICAGO: Chicago Board of Trade soft red winter wheat futures fell 1.6 percent on Thursday, snapping a six-session streak of gains that took prices to seven-month highs a day earlier, traders said.K.C. hard red winter wheat futures and MGEX spring wheat futures also eased.Seasonal pressure from an accelerating winter wheat harvest weighed on prices, as growers continued to gather crops in southern portions of the US Plains and eastern Midwest.A stronger dollar, which makes US ...

Markets - Commodities - Americas

CBOT Trends-Soy flat to down 2 cents, corn down 4-5 cents, wheat down 4-7 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 Thursday. NOTE: Thursday is the third day of the five-session period during which commodity index funds roll July positions forward. The US Department of Agriculture is set to release its monthly supply and demand report at midday on Friday. WHEAT - Down 4 cents to 7 cents ...