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Last update: Sat, 01 Oct 2016 01am

Americas

Markets - Commodities - Americas

US Cash Grains-Soy river bids weaken on harvest, CIF declines CHICAGO: Soybean basis bids at US Midwest river terminals were steady to sharply slower on Wednesday as prices lost ground in the CIF barge export market and as farmers continued to harvest a record-large crop, dealers said.Soy river bids eased 8 to 10 cents per bushel along the Mississippi and Illinois rivers while bids also decreased 4 cents in the barge market, adding to steep losses seen in recent days as the export pipeline filled with freshly harvested supplies.Shipping costs on the rivers steadied after surging on Tuesday amid an ebb in demand for empty vessels. "It just doesn't seem like shippers need anything extra currently," a barge source said.Corn spot basis bids were up slightly. An elevator in Toledo, Ohio, boosted its corn bid by 5 cents one day after dropping the bid by that amount, and an Illinois river port lifted its basis by 2 cents per bushel.Corn ...

Markets - Commodities - Americas

US corn, soybeans fall on harvest pressure; wheat mixed CHICAGO: US corn and soybean futures weakened on Wednesday on expectations that drier weather in the coming days will allow farmers in the Midwest to ramp up the harvest of what is expected to be record-large crops, traders said. MGEX spring wheat and K.C. hard red winter wheat contracts firmed on tight stocks of high-protein supplies. Chicago Board of Trade soft red winter wheat futures were mixed, with nearby contracts steady to weaker while deferred ...

Markets - Commodities - Americas

Gold down on firmer dollar, focus on Yellen remarks NEW YORK/LONDON: Gold prices fell for the second straight day and hit a one-week low on Wednesday, pressured by earlier strength in the US dollar and as investors assessed Federal Reserve Chair Janet Yellen's testimony before a congressional committee.Yellen was thrust into the election-year boxing ring during the hearing, defending the central bank's regulatory role and considering changing the annual stress tests it gives to US banks to see if they can withstand a massive ...

Markets - Commodities - Americas

CBOT Trends-Soy down 4-6 cents, corn down 1-2, wheat steady-down 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: Friday is first notice day for deliveries against CBOT October soymeal and soyoil futures. Also on Friday, the US Department of Agriculture is set to release its quarterly US grain stocks and annual small grains reports. WHEAT - Steady to down 1 cent per ...

Markets - Commodities - Americas

US wheat firms on rising export hopes; corn, soy weak CHICAGO: US wheat futures firmed slightly on Wednesday, supported by signs of a pick-up in demand for US offerings on the export market, traders said. Soybean and corn futures weakened on forecasts for dry weather that should allow farmers to pick up the pace of their harvest. The benchmark Chicago Board of Trade soft red winter wheat contract was led higher by MGEX spring wheat, which neared a one-month peak amid concerns about shortfalls in ...

Markets - Commodities - Americas

US Cash Grains-Corn, soy bids sag on harvest; barge freight up CHICAGO: Corn and soybean spot basis bids weakened at US Midwest processors and river terminals on Tuesday, pushed down by farmer selling amid the accelerating harvest of both crops and soaring barge freight costs.One processor in Illinois reported good corn harvest activity, with soybean harvest expected to pick up next week.The US Department of Agriculture said the US corn harvest was 15 percent complete as of Sunday. The soybean harvest was 10 percent complete.Corn and ...

Markets - Commodities - Americas

CBOT Trends-Soybeans up 2-3 cents, wheat up 1-2, corn steady-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 Tuesday. NOTE: Friday is first notice day for deliveries against CBOT October soymeal and soyoil futures. Also on Friday, the US Department of Agriculture is set to release its quarterly US grain stocks and annual small grains reports. WHEAT - Up 1 to 2 cents per ...