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Markets - Commodities

Wednesday, March 11, 2020

CBOT wheat futures higher on short-covering
Commodities

CBOT wheat futures higher on short-covering

Chicago Board of Trade wheat futures closed higher on Monday, advancing on short-covering and profit-taking on inter-market spread positions even as corn, soybeans and most other commodities fell, traders said. CBOT May soft red winter wheat settled up 3
Published 11 Mar, 2020 12:00am
Canadian canola futures slump
Commodities

Canadian canola futures slump

ICE Canadian canola futures plunged on Monday as stock markets were pummeled by slumping oil prices and continued fears about the economic hit of the coronavirus outbreak. Canola markets followed the path of the sharp drop in the US soya complex, but were
Published 11 Mar, 2020 12:00am
CBOT soyabean futures fall following crude oil, equities
Commodities

CBOT soyabean futures fall following crude oil, equities

Chicago Board of Trade soyabean futures fell more than 2% on Monday in sympathy with declines in energy and equity markets after Saudi Arabia launched a crude oil price war against Russia and fears escalated over the economic impact of the coronavirus, tr
Published 11 Mar, 2020 12:00am
European wheat slumps to five-month low
Commodities

European wheat slumps to five-month low

European wheat slid on Monday to its lowest level in more than five months as a collapse in oil prices added to a recent rout in financial markets. A further jump in the euro and a slide in the Russian rouble clouded the export outlook for European wheat.
Published 11 Mar, 2020 12:00am
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