CHICAGO, July 28 (Reuters) – Wheat futures on the Chicago Board of Trade on Wednesday climbed to a fresh 13-month high on continuous price charts on private forecasts for a sharp drop in Russian wheat exports due to drought, traders said.… read more
Tag Archives: market news
Futures Broker / Grain News
NEW YORK, July 28 (Reuters) – Chicago soybean traders focused on forecasts for hotter and drier weather for the Delta and Southeast over the next week, which may harm some of the crop that is setting pods. * In the Midwest, overall satisfactory crop weather was predicted for the next week to 10 days, with… read more
Futures News – New Homes Sales rebound sharply.
NEW YORK, July 26 (Reuters) – Sales of new U.S. single-family homes rebounded strongly in June from the prior month’s record low, government data showed on Monday, driving the number of houses on the market to their lowest level in nearly 42 years. KEY POINTS: * The Commerce Department said sales jumped 23.6… read more
Futures news – Grains are poised to open higher.
By Andrew Johnson Jr. Of DOW JONES NEWSWIRES CHICAGO (Dow Jones)–Soybean futures are poised for a firmer start to Wednesday’s day session, underpinned by spillover strength from outside markets and supportive underlying fundamentals. Overnight, Chicago Board of Trade August soybeans were 4 cents higher at $10.15 3/4 and November… read more
Futures Broker/ Grain News and Calls
CHICAGO (Dow Jones)–U.S. wheat futures are expected to slide on Tuesday’s open following overnight losses on a stronger dollar and continued profit-taking after the market’s sharp rally last week. Chicago Board of Trade futures are called 4 cents to 6 cents lower. In overnight trade, CBOT September wheat was down 6 cents to $5.76 1/4… read more
Futures Broker / Grain News and Calls
By Andrew Johnson Jr. Of DOW JONES NEWSWIRES CHICAGO (Dow Jones)–Soybean futures are expected to start Wednesday’s day session on firm footing, buoyed by supportive technicals and weather uncertainties for the developing U.S. crop. Overnight, Chicago Board of Trade July soybeans were 1 1/2 cents lower at $10.29, August soybeans were 3 1/2 cents higher… read more
Futures Broker / Grain News and Calls
By Andrew Johnson Jr. Of DOW JONES NEWSWIRES CHICAGO (Dow Jones)–U.S. wheat futures are poised for a weaker start to Tuesday’s day session, consolidating recent gains on favorable crop ratings and a lack of fresh supportive news. In overnight electronic trading, Chicago Board of Trade September wheat was 1 3/4 cents lower at $5.34, and… read more
Futures Broker / Grain Calls and News
WHEAT – Down 2 to 3 cents per bushel. Spillover pressure from Friday’s bearish USDA U.S. wheat production and ending stocks reports. Also pressure from a firm dollar and seasonal harvest weight. * Hot and dry weather in Europe remains a concern while overall satisfactory crop weather continues in the U.S. CORN – Down 1/2… read more
Futures Broker / Grain Report and Calls
CHICAGO (Dow Jones)–Friday’s U.S. Department of Agriculture ending stocks data were deemed by traders and analysts to be slightly bearish for Chicago board of Trade soybean, corn and wheat futures. The report did not provide any surprises, with a drop in world ending stocks or corn and wheat seen priced in the market considering the… read more
Futures Broker / Grain Calls and News
WHEAT – Up 1 to 2 cents per bushel. Support from hot and dry weather in Europe that was posing a threat to wheat crops. Led up by gains in milling quality of KCBT HRW wheat as milling wheat in Paris holds near one-year highs after trading large volumes on Tuesday. * Hot and dry… read more