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Soybeans

Soy up 1-3 cents, corn up 0-2 cents, wheat down 3-5 cents

Soy up 1-3 cents, corn up 0-2 cents, wheat down 3-5 cents

  • The European Union is forecast to produce 129.7 million tonnes of soft wheat, according to French analyst firm Strategie Grains.
  • EU commodity prices could remain high as Chinese demand keeps the global surplus limited.
Published 14 Jan, 2021 09:30pm
Soy up 30-35 cents, corn up 7-9 cents, wheat up 2-3 cents
Markets

Soy up 30-35 cents, corn up 7-9 cents, wheat up 2-3 cents

  • Strength in corn supportive to wheat futures but profit-taking noted as most-active contract hit fresh six-year peak during the overnight trading session.
  • Corn futures expected to rally for the 15th day in a row as most-active contract hit highest in 6-1/2 years overnight
Published 04 Jan, 2021 08:55pm
Soybeans up 10-16 cents, corn up 2-6, wheat down 1-3
Markets

Soybeans up 10-16 cents, corn up 2-6, wheat down 1-3

  • Precipitation across the US Plains seen improving winter wheat crop prospects after early-season dryness.
  • Corn up for the 14th straight session at a 6-1/2 year high on strong demand and tighter global supplies.
Published 31 Dec, 2020 07:43pm
Wheat, corn down 0-2 cents, soybeans down 3-5 cents
Markets

Wheat, corn down 0-2 cents, soybeans down 3-5 cents

  • Wheat futures near even after two days of losses that trimmed recent highs.
  • Corn fell after 11 days of gains, as increased rainfall in Brazil and Argentina strengthens crop prospects and eases global supply concerns.
Published 29 Dec, 2020 07:36pm
Russia to impose export duties on soybeans, scrap metal
Markets

Russia to impose export duties on soybeans, scrap metal

  • The ministry said the 5% temporary export duty on ferrous metal waste and scrap, as well as a minimum price of 45 euros per tonne.
  • Russia's export duty on soybeans, which will come into force on Feb. 1 and last until June 30, will be 30% and there will be a minimum price of 165 euros per tonne.
Published 20 Dec, 2020 12:38am