CHICAGO (Dow Jones)–U.S. soybean futures are poised for a weaker start to Tuesday’s day session, slipping on pressure from neighboring grain futures, seasonal weakness and positioning ahead of government crop reports. Overnight, Chicago Board of Trade soybean futures for November delivery were 2 1/2 cents lower at $10.32 1/2. Analysts expect soybeans to start 2… read more
Tag Archives: soybeans
Futures Broker/ Grain News and Calls
CHICAGO (Dow Jones)–U.S. corn futures are expected to open slightly lower Friday on seasonal pressure and profit-taking ahead of the three-day holiday weekend. Chicago Board of Trade corn is called 1 to 2 cents lower. In overnight trade, September corn was down 2 cents to $4.31 per bushel and December corn was down 1 1/2… read more
Futures Broker / Grain News and Calls
By Tom Polansek Of DOW JONES NEWSWIRES CHICAGO (Dow Jones)–Wheat prices are expected to rise as traders digest disappointing harvest results from former Soviet states devastated by drought and wait for the results of a tender from Egypt, the world’s largest importer of the grain. The harvest is rolling in the former Soviet Union and… read more
Future Broker / Grain News and Calls
WHEAT – Up 12 to 15 cents per bushel. Prospects for Russia to import grains following the worst drought on record lifting wheat prices. * Concern about dry weather in western Australia adds support. * Dry, cold weather hampers Argentine wheat – gov’t. * EU wheat lifted by export demand, more German rain. * Russian… read more
Futures Broker / Grain Calls
CHICAGO, Aug 19 (Reuters) – CBOT wheat futures were expected to open 20-25 cents per bushel on Thursday on news Russia may begin to import grain and on a big number for wheat in USDA’s weekly export sales report. CBOT corn was expected to open 3 to 5 cents per bushel higher on spillover support… read more
Futures Broker / Grain News
WHEAT – Up 10 to 15 cents per bushel. Boosted by drought in Europe that was trimming crop prospects and by a larger-than-expected U.S. wheat export sales number in USDA’s weekly export sales report released on Thursday. * IGC cuts forecast for 2010/11 world wheat crop by 13 million tonnes to 651 million but noted… read more
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 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 / Grains Calls and News
By Andrew Johnson Jr. Of DOW JONES NEWSWIRES CHICAGO (Dow Jones)–Soybean futures are expected to start Friday’s day session on the defensive, with the market consolidating ahead of the weekend after the week’s sharp gains. Overnight, Chicago Board of Trade August soybeans were 1/4 cent lower at $10.18 3/4 and November soybeans were 3/4 cent… 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