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US trade

Wheat up 7-9 cents, soy up 6-9 cents, corn up 5-8 cents
Markets

Wheat up 7-9 cents, soy up 6-9 cents, corn up 5-8 cents

  • CBOT wheat gained overnight, boosted by strength in corn and soybeans as concerns over dryness in Europe and US spring wheat planting regions continue to provide support.
  • CBOT's most-active wheat contract climbed above its 100-day moving average overnight, nearing its 50-day moving average of $6.40.
Published 14 Apr, 2021 06:19pm
Soy up 12-15 cents, corn mixed, wheat steady-up 3 cents
Markets

Soy up 12-15 cents, corn mixed, wheat steady-up 3 cents

  • Benchmark soft red winter wheat futures firming on some concerns about crop health in parts of Midwest after cold snap late last week.
  • Forecasts for rain in southern US Plains pressure hard red winter wheat while spring wheat supported by dry soils in northern US Plains.
Published 05 Apr, 2021 08:22pm
Irish foreign minister says UK guilty of 'perverse nationalism' over US trade
World

Irish foreign minister says UK guilty of 'perverse nationalism' over US trade

  • This idea that Britain can get there first is narrow minded thinking, frankly. It's a perverse nationalism when actually Britain and the EU should work together as partners.
  • It has reinforced an awful lot of the doubts in Brussels about whether or not this really is a British government we can rely on to be a trusted partner when it comes to implementing what has already been agreed.
Updated 13 Mar, 2021 09:09pm
Soybeans down 6-9 cents; corn down 3-5 cents; wheat up 0-1 cents
Markets

Soybeans down 6-9 cents; corn down 3-5 cents; wheat up 0-1 cents

  • CBOT wheat hovered near even overnight after a 1.5% drop Thursday, pressured by beneficial rains expected across the US Southern Plains.
  • China is scooping up supplies of US white wheat to feed livestock, pushing export forecasts for the grain usually used to make sponge cakes and noodles to a 27-year-high.
Published 12 Mar, 2021 09:14pm
US trade gap soars to $679 bn in 2020: govt
World

US trade gap soars to $679 bn in 2020: govt

*The gap with China in goods trade narrowed by $34.4 billion to $310.8 billion last year, on a modest gain in exports and a small decline in imports, the Commerce Department reported.
Published 05 Feb, 2021 11:56pm
Wheat down 3-4 cents, corn up 1-3 cents, soy down 4-5 cents
Markets

Wheat down 3-4 cents, corn up 1-3 cents, soy down 4-5 cents

  • Wheat futures turn lower, retreating from early strength, awaiting market direction. Strength in corn lends support.
  • The US Agriculture Department confirmed private sales of 125,730 tonnes of US corn to Mexico and another 110,000 tonnes to Japan.
Published 01 Feb, 2021 08:02pm