12082016Thu
Last update: Thu, 08 Dec 2016 05am

Americas

Markets - Commodities - Americas

CBOT Trends-Wheat up 1-2 cents, corn and soy steady to up 1 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. CDT (1330 GMT) on Wednesday. NOTE: The US Federal Reserve is scheduled to release a decision on interest rates at 1 p.m. CDT (1800 GMT), at the conclusion of a two-day meeting. WHEAT - Up 1 to 2 cents per bushel Firm in rangebound trade, underpinned by dry conditions in parts of the US Plains and a weaker dollar. Also, commodity funds maintain a large net short position in CBOT wheat, leaving the market vulnerable to bouts of short-covering. Ample global grain supplies hang over the market, limiting rallies. CBOT December soft red winter wheat last up 1-1/2 cents at $4.15-3/4 per bushel; K.C. December hard red winter wheat up 1-3/4 cents at $4.15-1/2; MGEX December spring wheat up 1-1/4 cents at $5.20-3/4. CORN - ...

Markets - Commodities - Americas

US Cash Soymeal-Export offers weak after futures rally CHICAGO: Soymeal export premiums declined by about $2 per ton at the US Gulf Coast on Friday, pressured by recent gains in futures and a slower pace of international sales, dealers said.Premiums for prompt shipments of US soymeal at the Gulf eased to $16 per ton over Chicago Board of Trade soymeal futures , the smallest in roughly five months.CBOT December soymeal futures hit a two-month high of $328.80 per ton on Thursday and nearly ...

Markets - Commodities - Americas

CBOT wheat up for 3rd straight day on short-covering, export data CHICAGO: Wheat futures on the Chicago Board of Trade closed higher on Thursday for a third straight session, lifted by short-covering and stronger-than-expected weekly export sales, traders said.CBOT December wheat settled up 3 cents at $4.14-1/2 per bushel.K.C. December hard red winter wheat ended unchanged at $4.17 per bushel and MGEX December spring wheat closed unchanged at $5.25-1/2.The US Department of Agriculture reported export sales of US wheat in the latest week at 646,100 tonnes, ...

Markets - Commodities - Americas

Gold little changed, awaiting direction on US rates NEW YORK/LONDON: Gold was little changed on Thursday, pressured by a persistently strong dollar as the market awaits more signs about the timing of an expected US interest rate rise from the Federal Reserve.Bets that the Fed will raise rates have driven the dollar to nine-month highs against a basket of currencies this week and limited gains in gold. The dollar index was about 0.3 percent higher on Thursday.Spot gold was up 0.3 percent at ...

Markets - Commodities - Americas

Soybeans hit 2-month high on export sales, soymeal gains CHICAGO: US soybean futures were narrowly higher on Thursday, reaching two-month peaks as they extended gains on the back of big export sales to China and as soymeal futures surged 2 percent. Chicago Board of Trade corn futures rose for the third straight session, while wheat futures were mostly higher, with many agriculture commodities climbing on technical and investment fund buying despite abundant global grain supplies.Thinly traded Chicago Board of Trade oats futures soared 7 ...

Markets - Commodities - Americas

CBOT Trends-Wheat up 1-3 cents, corn steady-up 1, soybeans 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. CDT (1330 GMT) on Thursday. Note: Monday is first notice day for CBOT November soybean deliveries. WHEAT - Up 1 to 3 cents per bushel Heading higher for a third straight session on technical buying and short-covering, with the CBOT December contract nearing a one-week top overnight at $4.17 a ...

Markets - Commodities - Americas

US Cash Soymeal-Barge bids weak on supply; exports disappoint CHICAGO: Soymeal basis bids declined by $1 per ton in the US barge export market on Thursday while soymeal offers were mostly unchanged at rail and truck points as futures extended gains, keeping a lid on demand from feed users, dealers said.Weekly US soymeal exports totaled 146,200 tonnes, led by a sale of 47,800 tonnes to the Philippines, US Department of Agriculture data showed. The sales fell below analysts' expectations ranging from 200,000 to 400,000 ...