WHEAT – Down 1 to 2 cents per bushel.
Hesitant buying of wheat futures as equities and gold sag after
Germany’s decision to ban naked short sales of certain financial
instruments.
CORN – Up 1 to 2 cents per bushel.
Support from talk China bought two cargoes of U.S. corn and news
from USDA that exporters sold 124,000 tonnes to an unknown
destination. Gains limited by a turn to warmer and drier weather in
the U.S., which will boost crop growth, and on hesitant buying amid a
sag in equities amid euro-zone financial crisis and Germany banning
certain short sales.
Support from talk China bought two cargoes of U.S. corn and news
from USDA that exporters sold 124,000 tonnes to an unknown
destination. Gains limited by a turn to warmer and drier weather in
the U.S., which will boost crop growth, and on hesitant buying amid a
sag in equities amid euro-zone financial crisis and Germany banning
certain short sales.
SOYBEANS – Down 1 to 2 cents per bushel.
Follow-through from Tuesday’s weak technical close and hesitant
buying following Germany’s decision to ban certain naked short-sales.
Warmer and drier weather in the U.S. seen boosting crop growth and
speeding up soy seedings.
Follow-through from Tuesday’s weak technical close and hesitant
buying following Germany’s decision to ban certain naked short-sales.
Warmer and drier weather in the U.S. seen boosting crop growth and
speeding up soy seedings.