US markets – soybeans lower on concerns over no trade deal yet, increased South American 2019 supply and slowdown in global economies. Corn lower on talk of a drier Midwest 30-day outlook. Wheat virtually unchanged, as trade is not expecting much bullish USDA data.
There is no news concerning...
US markets – soybeans lower on lack of fresh news on the US/China front. Corn lower on higher Argentine crop estimates, as early harvested crops continue to report extremely good yields. Wheat closed very marginally lower and well off the highs, despite Egypt’s purchase.
US wheat exports running...
US markets – soybeans ended higher as hopes for a new US/China, US weather concerns helps prices. Corn higher as per soybeans. Wheat higher despite poor export numbers, as talk of localised flooding could reduce SRW and spring wheat acres.
CCTC report showed a/o w/e 19th March, managed money had...
US markets – soybeans higher as traders await fresh developments from US/China trade talks. Corn marginally higher as per soybeans. Wheat higher, led by the MGE, as support was seen tied to fears that flooding could cause some acreage losses in spring wheat sowings.
US trade representative...
US markets – soybeans lower as traders continue to wait for further details on the US/China trade front. Corn lower as per soybeans, Chinese media report. Wheat lower on poor US export numbers and reports that Russian prices have declined to a 4-month low.
Chinese media reports over the weekend...
US markets – soybeans higher on renewed optimism over the US/Chinese trade talks, sharply reduced Chinese hog size herd. Corn higher in tandem with rest of the trading floor, Chinese optimism. Wheat higher following beans/corn market technical.
CCTC report showed a/o w/e 12th March, managed...
US markets – soybeans higher on optimistic comments from Lightizer on the US/China trade discussions. Corn marginally higher on rumours of Chinese buying of US corn. Wheat lower as markets gave back some of the previous day’s big gains.
US EPA released its proposed rule lifting a summer ban on...
US markets – soybean lower despite talk of recent Chinese purchase, as slowing global economies and lack of a US/China trade deal not seen as helping prices. Corn marginally lower. Wheat marginally higher.
USDA raised US/global wheat stocks in its latest update, whilst also raising US corn...
US markets – soybean lower as no comments on US/China trade or new purchases of US products left market void of positive news. Corn lower as per soybean, although US weather may delay fieldwork ahead of sowing. Wheat lower despite talk of Iraqi trade.
China has ramped up pressure on Canada by...
US markets – soybean lower as pessimistic comments on US/China trade negotiations cautioned traders. Corn higher as weather may become an issue with lingering winter conditions. Wheat higher on talk US wheat is cheap, spring planting delays and crop rating concerns.
US export report had wheat...
US markets – soybean higher as NOPA crush numbers provided support. Corn unchanged as news that China will return to the US this week for trade talks helps to support. Wheat lower as French wheat seen gaining the majority of the Algerian tender, firmer US$ also weighs.
Chinese President Xi...
US markets – soybeans lower on concerns over trade talks following US arrests/indictments against Chinese firm Huawei executives. Corn lower as per soybeans. Wheat lower on Egyptian results and from Russian crop estimates.
Brazilian weather forecast sees good rains in the far northwest growing...
US markets – soybeans lower on weak outside markets and talk of a threat of another government shutdown. Corn lower on weak crude oil and equity markets. Wheat lower on weaker European markets and disappointing wheat export numbers.
USDA will skip January’s supply/demand and include delayed data...
US markets – soybeans higher on positive talk ahead of this week’s trade talks. Corn higher, as per soybean, with Chinese government encouraging end users to secure farmers’ stocks. Wheat lower, despite rising global prices and supportive news re Russian exports.
There is talk that this week’s...
US markets – closed for Martin Luther King day holiday.
Brazilian weather has decent rainfall for all Brazil, except the far northeast over the next 5 days. The 6-10 forecast is for average/below average rainfall for all Brazil, except again for the far northeast where below average rainfall is...
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