Tag Archives: soybeans

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 Call – Futures Broker

WHEAT – Down 5 to 7 cents per bushel. End-of-week profit-taking with further pressure by concern about China’s stated plan to raise banks’ reserve requirements to rein in food inflation. * Dry weather in the western growing region of the U.S. winter wheat belt remains a problem for the emerging crop. Recent rainfall in other… read more

Grain Calls and News / Futures Broker

WHEAT – Up 6 to 8 cents per bushel. Technical bounce after the steep slide on Friday that was triggered by talk China would raise interest rates over the weekend. Dry weather stress on portions of the U.S. winter wheat crop and weather concerns in Australia also supportive. * Dry weather in the U.S. Plains… read more

Opening Grain Calls and News / Futures Broker

WHEAT – Down 10 to 15 cents per bushel. Pressure from talk China may raise interest rates this weekend to cool inflation, which was viewed as bearish for commodities. Showers in the U.S. Plains also weigh. CORN – Down 10 to 12 cents per bushel. Falls amid prospects for China to raise interest rates in… read more

Grain Supply Report / Futures Broker

CHICAGO (Dow Jones)–The U.S. on Tuesday unexpectedly cut its soybean harvest estimate and slashed its supply forecast, setting the stage for gains in soybean futures. Soybean production was pegged at 3.375 billion bushels, down 1% from the government’s October estimate, according to the U.S. Department of Agriculture. Analysts surveyed by Dow Jones, on average, had… read more

Opening Grain Calls and News – Futures Broker

WHEAT – Down 2 to 3 cents per bushel. Firm dollar weighs, as does position-squaring ahead of the release early on Tuesday of the USDA’s November crop production and supply/demand reports. * USDA seen raising U.S. wheat stocks by 2 million bushels. * Dry weather is stressing development of the hard red winter wheat crop… read more

Pre Crop Report News -Futures Broker

Buyers and sellers of U.S. cash grain were moving cautiously to start the trading week, ahead of an important government crop report slated for release on Tuesday. “The primary objective of today’s session will be positioning for tomorrow’s monthly [USDA] supply and demand report,” said Iowa commodity trade advisor Karl Setzer. “Most analysts are expecting… read more

Grains Opening Calls and News /Futures Broker

WHEAT – Up 10 to 15 cents per bushel. Boosted by falling dollar after U.S. Fed decided to buy bonds in a risky move to boost the struggling U.S. economy. Dry weather in the U.S. Plains HRW wheat region also supportive. * Showers in the U.S. Delta will buoy winter wheat prospects but more rain… read more

Grain News and Opening Calls – Futures Broker

WHEAT – Up 3 to 5 cents per bushel. Weak dollar, dry weather in U.S. winter wheat region and in west Australia wheat-growing area combine to lift wheat futures. * Dry weather is boosting final seedings of the 2011 U.S. winter wheat crop in the U.S. Plains but rainfall is needed, especially in western Kansas… read more