CHICAGO, Dec 15 (Reuters) – Signs of good export demand supported Chicago Board of Trade wheat and soybean futures early on Wednesday, traders said. Shortly before the futures market opened, Egypt announced it bought 110,000 tonnes of hard red winter wheat from the United States. Additionally, Jordan bought 150,000 tonnes of U.S. hard red winter… read more
Tag Archives: Futures news
Opening Grain Calls and News / Futures Broker
WHEAT – Up 4 to 6 cents per bushel Weak dollar boosting market in addition to ongoing concerns about harvest delays, crop conditions in Australia as well as dry weather in U.S. Plains * Dry weather and wide temperature swings will cause further stress to the hard red winter wheat crop in western areas of… read more
Opening Grain Calls / Futures Broker
WHEAT – Up 3 to 5 cents per bushel. Lifted by weather concerns in Australia and in the U.S. with additional support from increasing U.S. exports of wheat, including a sale of 250,000 tonnes to Iraq and a weekly government sales number that was above estimates. CORN – Down 2 to 3 cents per bushel.… read more
Initial Jobless Claims 12/9/2010 – Futures News
WASHINGTON, Dec 9 (Reuters) – New U.S. claims for unemployment benefits fell more than expected last week and the four-week moving average hovered at two-year lows, according to a government report on Thursday that revived hopes a labor market recovery was under way. Initial claims for state unemployment benefits dropped 17,000 to a seasonally adjusted… read more
Weather News Grains Calls Higher / Futures Broker
WHEAT – Up 12 to 15 cents per bushel. Support from excessive wet weather in Australia’s wheat harvest and dry weather in portions of the U.S. winter wheat region and in China’s wheat belt. Weak dollar also supportive. * Australia sees record wheat crop, but quality down. * Paris wheat at new high on Australia… read more
Grain News and Opening Calls / Futures Broker
WHEAT – Up 5 to 10 cents per bushel. Support from excessive wet weather in Australia’s wheat harvest and dry weather in the U.S. western Plains and in portions of China’s wheat growing region. Gains limited by a firm dollar. CORN – Down 3 to 5 cents per bushel. Firm dollar, lower crude oil and… read more
Grain Calls -Futures Broker
WHEAT – Up 20 to 25 cents per bushel. Excessive rainfall in Australia’s wheat harvest, dry weather in the U.S. Plains and prospects for a sale of U.S. wheat to Egypt boost prices in addition to support from a weak dollar. CORN – Up 8 to 10 cents per bushel. Lower dollar, higher crude oil… read more
Consumer Confidence 11/30/2010 – Futures News
NEW YORK, Nov 30 (Reuters) – U.S. consumer confidence rose in November to its highest level in five months, helped by improving labor market conditions and a jump in the expectations index, according to a private-sector report released on Tuesday. The Conference Board, an industry group, said its index of consumer attitudes increased to 54.1… read more
Grain Calls and News / Futures Broker
WHEAT – Up 6 to 8 cents per bushel. Support from commercial buying and as dry weather in the U.S. Plains hard red winter wheat region leading to concern about stress on the newly seeded crop leading to a potential reduction in 2011 U.S. wheat production. * Western winter wheat areas of the U.S. Plains… read more
Grain News and Opening Calls – Futures Broker
WHEAT – Down 2 to 3 cents per bushel. Pressure from a firm dollar but market underpinned by concern about dryness in the U.S. western Plains hard red winter wheat growing region. * USDA late on Monday said 47 percent of the U.S. winter wheat crop was in good to excellent condition, up from 46… read more