WASHINGTON, June 30 (Reuters) – U.S. farmers could harvest 13.2 billion bushels of corn, the Agriculture Department’s annual report on plantings indicated on Wednesday, implying harvest could be 1 percent smaller than its forecast earlier this month, but still narrowly topping last year’s record. Soybean harvest could be 3.3 billion bushels, up 1 percent from… read more
Tag Archives: Futures news
Futures Broker / Grain News
June 29 (Reuters) – U.S. wheat prices fell again on Tuesday, extending the previous session’s 1.5 percent loss to trade near their lowest level in more than two weeks on reports of high quality crops from the United States. Corn prices also edged down nearly one percent, holding near an eight-month trough, under pressure from… read more
Futures Broker / Grain Calls and News
WHEAT – Up 3 to 4 cents per bushel. * Short-covering as wet weather in Canada continues to cause potential further harm to the wheat crop CORN – Down 1 to 2 cents per bushel. * Follow-through technical selling, good U.S. crop weather and lower crude oil combine to weigh on corn futures. SOYBEANS –… read more
Futures Broker / Grain Calls and News
* WHAT: USDA Weekly Crop Progress report * WHEN: Monday 1600 EDT (2000 GMT) * Analysts see U.S. corn rated 76 pct good/excellent * Analysts see soybeans rated 71 pct good/excellent CHICAGO, June 21 (Reuters) – Rainy weather around the U.S. Midwest last eek was expected to cause the U.S. Agriculture Department to slightly ower… read more
Futures Broker / Grain Calls and News
WHEAT – Steady to up 1 cent per bushel. Spillover support from gains in KCBT and MGEX wheat futures amid excessive wet weather in the Canadian Prairies that is trimming wheat production prospects. Gains limited by profit-taking ahead of the weekend and after the gains early in the week and a firm dollar. CORN –… read more
Futures Broker / Grain Calls and News
By Andrew Johnson Jr. Of DOW JONES NEWSWIRES CHICAGO (Dow Jones)–Soybean futures are expected to begin Thursday’s day session higher, buoyed by follow through buying from Wednesday. Strength in overnight trade is serving as an early signal of price direction. Soybeans are seen 2 cents to 4 cents higher. Overnight, Chicago Board of Trade July… read more
PPI [6-16-2010] – Futures Broker
WASHINGTON, June 16 (Reuters) – U.S. housing starts fell more than expected in May to their lowest level in five months, a government report showed on Wednesday, as a popular homebuyer tax credit that had buoyed construction activity over the past two months expired. The Commerce Department said housing starts dropped 10 percent to a… read more
CFTC APPROVES MOVIE FUTURES 6-15-2010
CFTC Approves Box Office Receipt Contracts Submitted by Media Derivatives Washington, DC – The Commodity Futures Trading Commission today found that the terms and conditions of the proposed Weekend Motion Picture Revenue futures and options contracts submitted by Media Derivatives, Inc. (MDEX) do not violate the Commodity Exchange Act or the Commission’s Regulations thereunder. The… read more
Futures Broker / Grain Calls and News
WHEAT – Down 1 to 2 cents per bushel. * Profit-taking setback after rally on Monday. Wheat gained on Monday, led up by concerns about a cut in Canadian wheat output due to excessive wet weather CORN – Down 1 to 2 cents per bushel. * Profit-taking after Monday’s gains weigh on corn futures, in… read more
FUTURES NEWS – “Retail Sales Report” 6-11-2010
WASHINGTON, June 11 (Reuters) – Sales at U.S. retailers unexpectedly fell in May for the first time since September, pulled down by a record slump in purchases of building materials, according to a government report on Friday that added to fears the economic recovery was losing some steam. The Commerce Department said total retail sales… read more