The most active soybean futures on the Chicago Board of Trade dropped 0.1 percent to $10.24-1/ 2 a bushel. Broker and analyst INTL FCStone on Tuesday pegged the 2016/ 17 Brazil soybean crop at 109.07 million tonnes, up from its previous forecast of 104.09 million. The harvest has already started in Brazil, the world's top soy exporter.
CHICAGO, March 7- U.S. soybean futures dropped 1.1 percent on Tuesday to their lowest in more than a week on rising expectations for a Brazil harvest already forecast to be a record, traders said. Broker and analyst INTL FCStone on Tuesday pegged the 2016/ 17 Brazil soybean crop at 109.07 million tonnes, up from its previous forecast of 104.09 million.
CHICAGO, March 7- U.S. soybean futures dropped 1.3 percent to their lowest level in more than a week on Tuesday on rising expectations for a Brazil harvest that had already been forecast as a record, traders said. Broker and analyst INTL FCStone on Tuesday pegged the 2016/ 17 Brazil soybean crop at 109.07 million tonnes, up from its previous forecast of 104.09...
SÃO PAULO, March 6- Dry weather improved conditions on a rugged Amazon road that serves as the key link between soy fields and northern ports, ending an immense backlog of trucks carrying the beans, the Army said Monday. Brazil is world's largest soybean exporter, and is the final stages of a record harvest of more than 100 million tonnes. As rains stopped, the mud...
PARIS/ SYDNEY, March 6- U.S. soybean futures edged higher on Monday as wet weather in Brazil slowed transport of supplies from an expected record harvest in the world's biggest exporter of the oilseed. Wheat added 1 percent, supported by concerns that a lack of rainfall could exacerbate dryness in some U.S. wheat belts, as well as a further rise in export prices in...
CHICAGO, March 3- U.S. corn, soybean and wheat futures all closed modestly higher on Friday, recovering from early weakness on a mild round of technical buying. Chicago Board of Trade May soybean futures settled up 1/ 4 cent at $10.37-1/ 2 a bushel. CBOT May corn rose 1-1/ 4 cent at $3.80-3/ 4 a bushel.
As of 12:21 p.m. CST, Chicago Board of Trade May soybean futures were down 15-3/ 4 cents at $10.36 per bushel. May corn was down 3-3/ 4 cents at $3.78-1/ 4 a bushel while May wheat was down 5-3/ 4 cents at $4.51-1/ 4 a bushel. The figure is above the last monthly estimate from Brazil's government agency Conab, which put the crop at 105.6 million tonnes, and the U.S. Department...
CHICAGO, Feb 27- U.S. wheat futures fell 2 percent to their lowest in nearly three weeks on Monday, weakening on technical sales after firming briefly during the overnight trading session. "If you look at the weather, there just is not anything to hang your hat on on the friendly side," Northstar Commodity Investment Co chief analyst Mark Schultz said.
LONDON, Feb 24- U.S. soybeans edged up on Friday, boosted partly by a weaker dollar which helped the market rebound from an earlier six-week low, but the market remained on course for a weekly loss. The most active soybean futures on the Chicago Board Of Trade rose 0.3 percent to $10.14-3/ 4 per bushel by 1122 GMT after hitting a six-week low of $10.09-1/ 2 a bushel...
*Corn flat, despite lower-than-expected USDA f'cast. SYDNEY, Feb 24- U.S. soybeans edged higher on Friday after earlier hitting a six-week low as ample global supplies pushed the oilseed towards two-week losses of nearly 5 percent. The most active soybean futures on the Chicago Board Of Trade rose 0.1 percent to $10.12-1/ 2 per bushel, after hitting a six-week low...
*USDA expected to raise forecast for soybean plantings. *Corn, wheat edge down before USDA plantings outlook. The USDA is due to release updated planting forecasts at its two-day Outlook Forum that starts on Thursday, with the market expecting an increase in soybean sowing.
"You don't want to irritate one of your largest buyers," says one economist in Missouri, "and that's got everybody on edge right now."
China’s growing middle class are propping up sales of luxury goods, box-office receipts and soybeans.
Soybean crops are expected to be good in the year ahead, says Ariel Haendler at Nidera Group.
The global supply of palm oil isn’t big enough to satisfy the demand of consumers according to one analyst.
The Futures Now team discusses agricultural commodities including corn, wheat and soy.
The allure of Brazil's commodities may be fading for China, but the world's second-largest economy has found new opportunities in the South American nation.
Bad weather is weighing on key crop exports in South America. But U.S. farmers are getting a bump from El Nino, a weak dollar and heavy fund buying.
The agency orders Bayer CropScience and Nichino America to take the chemical off the market.
There will be short-term supply- side pressure on prices on the back of good weather conditions, according to Christopher Narayanan, head of agricultural research at Societe Generale.