Trends - Soybeans - Business Recorder

Soybeans

Brazil soybean planting delay to affect supply in January

Mato Grosso and Paraná states are leading the way after sowing respectively 3.5pc and 4.2pc of their estimated areas in the 2020/2021 season, AgRural data shows.

Published 05 Oct, 2020 07:55pm

Markets

CBOT soy ends down ahead of busy US harvest weekend

CBOT November soybean futures settled down 2-3/4 cents at $10.20-3/4 per bushel.
CBOT December soymeal ended up $4 on Friday at $351.90 per short ton after setting a contract high at $354.10.

Published 03 Oct, 2020 01:33am

Markets

CBOT soybeans may retest resistance at $10.42-1/4

The resistance is identified as the 261.8pc projection level of an uptrend from $9.01.

Published 01 Oct, 2020 04:50pm

Markets

CBOT soybeans jump 3pc on smaller-than-expected USDA stocks data

CBOT November soybeans settled up 30-1/2 cents at $10.23-1/2 per bushel after reaching $10.34-3/4, its highest since Sept. 22.
Through its daily reporting system, the USDA confirmed private sales of 215,000 tonnes of US soybeans to unknown destinations.

Published 01 Oct, 2020 01:33am

Markets

Soybeans ease as rapid US harvest progress weighs

Corn and wheat edged lower too, curbed by an advancing US corn harvest and caution ahead of widely followed US government grain stocks data on Wednesday.

Published 29 Sep, 2020 03:54pm

Markets

CBOT soybeans close lower on US harvest pressure

CBOT November soybeans settled down 6-1/4 cents at $9.96-1/4 per bushel.
CBOT December soymeal ended down $4.30 at $332.60 per short ton while December soyoil rose 0.45 cent to settle at 33.29 cents per pound.

Published 29 Sep, 2020 01:35am

Markets

CBOT soybeans may bounce to $10.09

The support is provided by the 176.4pc projection level of an uptrend from $9.01.

Published 25 Sep, 2020 05:20pm

Markets

China's August soybean imports from Brazil rise 22pc from year earlier

China brought in 166,370 tonnes of soybeans from the US in August, down 90pc from last year's 1.68 million tonnes, and up from 38,333 tonnes in July.

Published 25 Sep, 2020 04:59pm

Markets

Harvest pressure weighs on US corn, soybeans; wheat firm

A flurry of export sales to China, together with concern over weather damage to US crops, had fanned a rally in Chicago prices.
Beans were down all day, off harvest pressure, lack of Chinese buying overnight.

Published 25 Sep, 2020 01:57am

Business & Finance

CBOT soybeans close lower for third straight day

Soyoil futures also ended lower but soymeal surged to its highest since June 12, 2018.
Traders said strong demand for US soymeal on the export market supported the rally.

Published 24 Sep, 2020 12:11am

Markets

Ukraine's 2020 soybeans crop to fall by 19pc

The association last week revised down its forecast for Ukraine's 2020, sunflower seed output to 14-15 million tonnes from the previous estimate of 15 million because of poor weather.

Published 22 Sep, 2020 04:07pm

Markets

Wheat, soybeans and corn fall sharply on fund selling

The grains, led by a 3.7% drop in wheat that marked its biggest daily percentage decline since August 2019.
Strong demand from China had pushed soybeans to their highest in more than two years last week.

Published 22 Sep, 2020 01:44am

Markets

US Cash Grains-Soy processor bids ease as harvest gets rolling

Corn basis bids weakened at ethanol production sites as well.
Corn processor bids were steady to weaker, with a Cedar Rapids, Iowa, location dropping its basis by 3 cents per bushel.

Published 21 Sep, 2020 11:54pm

Markets

Soy up 9-12 cents, wheat up 3-4 cents, corn steady-up 2 cents

Concerns about dry conditions limiting global production underpin wheat market.
Gains in wheat and soybeans support corn futures, which have risen 2.4% this week and hit their highest since March 10 overnight.

Published 18 Sep, 2020 06:08pm

Markets

Soybeans extend run to two-year peak as exports to China flow

Soybeans at highest since June 2018 on brisk Chinese demand.
Corn at six-month peak, Chinese crop losses in focus.

Published 17 Sep, 2020 06:20pm

Markets

Soybeans steady as market eyes harvest, export news

Soybeans steady after pullback on weak US crush level.
Market eyes corn, soy harvest results, further China sales.
Corn, wheat inch down.

Published 16 Sep, 2020 07:08pm

Markets

Soybeans above $10/bushel for first time in 2 years on Chinese demand

US cuts corn, soybean harvest outlook after August weather.
Strong Chinese demand to support corn, soybean futures.

Published 14 Sep, 2020 05:00pm

Markets

Soybeans at new 2-year peak on China sales, corn at 6-month high

Soybeans up 13% so far in 5 weeks amid run of China demand.
German swine fever case raises demand hopes for US feed.
Market awaits USDA corn, soy crop revisions after weather snags.

Published 11 Sep, 2020 05:15pm

Markets

Soybeans retreat from over 2-year high ahead of USDA report

Soybeans snap winning streak despite Chinese demand.
USDA reports spate of Chinese orders.
Wheat firms on concerns over Black Sea production.

Published 10 Sep, 2020 05:39pm

Markets

Soybeans around 2-year highs on strong Chinese demand

Soybeans rise to highest since June 2018 on Chinese demand.
Corn firm ahead of USDA crop forecasts.
Wheat drops, Australia ups wheat harvest forecast.

Published 08 Sep, 2020 05:54pm

Markets

EU + UK 2020/21 soybean imports at 2.89mn tonnes, rapeseed 1.01mn tonnes

That was 8% above the volume imported by the same week in the 2019/20 season.
EU rapeseed imports in 2020/21 had reached 1.01 million tonnes, down 33% versus 2019/20.

Published 07 Sep, 2020 08:07pm

Markets

Corn up 4-5 cents, wheat and soybeans up 1-2 cents

Wheat futures seen modestly higher on technical buying ahead of a long US holiday weekend.
Total stocks of Canadian wheat on July 31 were down by 14.6% compared to the same date in 2019, in part due to higher exports,

Published 04 Sep, 2020 06:34pm

Markets

Soybeans stay firm at 2-year high on Chinese demand

Soybeans up for 9th consecutive session as China buys US beans.
Corn edges down, wheat almost flat ahead of US export data.

Published 03 Sep, 2020 05:45pm

Markets

Corn, soybeans ease after US crop report

Corn hits one-week low after 5-1/2 month high on Monday.
USDA corn rating falls less than expected, soybeans in line.
Soybeans steady, consolidating below Monday's 2-year top.
Grain markets weighing Midwest dry weather, Chinese demand.

Published 01 Sep, 2020 05:09pm

Markets

Corn, soybeans rise on worry US dryness stressing crops

Soybeans rose to hit their highest in over two-years, while wheat was set to finish August up.
There is considerable market attention on the weekly US crop conditions report from the US Department of Agriculture (USDA) due late on Monday.

Published 31 Aug, 2020 07:03pm

Markets

Corn set for 3rd week of gains on Chinese demand; soybeans, wheat firm

Soybeans firm on strong Chinese demand, corn slips.
Chicago wheat futures gain for 4th consecutive session.

Published 28 Aug, 2020 06:45pm

Markets

Corn, soybeans rise on expectations of lower US output

Soybeans gained 0.4% to $9.08-1/2 a bushel and wheat rose 0.2% to $5.36-1/4 a bushel.

Published 24 Aug, 2020 06:58pm

Markets

Corn down 1-2 cents, soy down 2-4 cents, wheat up 1-3 cents

Global demand helps support prices, analysts said.
Strong yield estimates in parts of the Midwest pressure prices, traders said.
CBOT December corn last traded down 3/4 cents at $3.39 per bushel.

Published 20 Aug, 2020 09:07pm

Markets

Soybeans hit seven-month high on US export optimism, dry weather

Pro Farmer Midwest Crop Tour estimates offset storm damage fears
Soybean exports offer support
Wheat stays firm on demand.

Published 20 Aug, 2020 01:19am

Markets

Soybeans firm on export optimism, dryness

Pro Farmer Midwest Crop Tour estimates offset storm damage fears.
Soybean exports offer support.
Wheat stays firm on demand.

Published 19 Aug, 2020 10:47pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 14	278.71
USD PKR Interbank Buying / Jun 14	278.51
USD to Japanese Yen / Jun 14	157.40
USD to Swiss Franc / Jun 14	0.89
Pound Sterling to USD / Jun 14	1.28
Euro to USD / Jun 14	1.07

Stock	Volume
S&P 500 / Jun 14	5,431.60
India Sensex / Jun 14	76,992.77
Tokyo Nikkei / Jun 14	38,814.56
Nasdaq / Jun 14	17,688.88
Hang Seng / Jun 14	17,941.78
FTSE 100 / Jun 14	8,146.86
Dow Jones / Jun 14	38,589.16
Germany DAX 30 / Jun 14	18,002.02

Item	Value
Crude Oil USD/Barrel / Jun 14	78.45
Karachi Cotton PKR/37.32 KG / Jun 14	19,935
Gold 10 Grams PKR / Jun 14	207,047
Gold Spot USD/Ounce / Jun 14	2,333.04
Cotton US¢/pound / Jun 14	72.14
Petrol/Litre / Jun 16	258.16

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 16 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 16 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 16 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 16 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 16 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 16 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 16 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 16 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 16 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 16 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 16 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 16 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 16 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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