#chicago wheat

[whitetoque]

7 Row Crop Futures Tumble on Harvest Pressure | Agrimoney

7 Row Crop Futures Tumble on Harvest Pressure | Agrimoney

“Trade is waiting for a monthly upgrade to US row crop prospects from broker FC Stone, with soybean prospects expected to be upgraded after months on good yields. “Soy market relinquishes all of last week’s gain amid absence of any daily sales announcements, approaching private sector US production updates and outlook for further decliens in bell-weather crude oil market," noted Richard Feltes,…

View On WordPress

[whitetoque]

9 Grains Extend Headway, Amid Talk of Fund Buying | AM Markets | Agrimoney

9 Grains Extend Headway, Amid Talk of Fund Buying | AM Markets | Agrimoney

“Benson Quinn Commodities, for instance, saying that gains in soybean prices ”seemed to be more macro in nature“, flagged signs of ”funds coming to the commodity sector as signs of rising US inflation along with China hitting its growth target in third quarter reporting GDP of 6.7%". …If the rise in prices was just down to funds closing the substantial short bets that funds held in futures and…

View On WordPress

[whitetoque]

9 - Wheat Falls to Decade Low on Ample Supplies - US Grains | AGCanada

9 – Wheat Falls to Decade Low on Ample Supplies – US Grains | AGCanada

Reuters — Wheat futures dropped to their lowest price in Chicago in nearly a decade on Friday, pressured by ample supplies and technical selling.

Corn dropped for the fifth straight session and soybeans lost ground for the fourth straight day, as a U.S. tour of mostly robust crops wrapped up.

The Chicago Board of Trade most-active December wheat dropped 16–1/4 cents, or 4.1 per cent, to (4.07-1/2…

View On WordPress

[whitetoque]

8 - Oilseeds Firm Slightly but Wheat Loses Previous Gains | WP

8 – Oilseeds Firm Slightly but Wheat Loses Previous Gains | WP

"Short covering and a new bit of weather risk premium caused nearby soybeans to rise one percent Tuesday and canola hitched a ride.

November canola closed up $3.20 a tonne of 0.72 percent.

Generally good weather in Western Canada kept a lid on gains.

There is little chance for widespread rain in Western Canada this week, although southern Alberta could see a series of thunderstorms over the next…

View On WordPress

[whitetoque]

5X5 - 3. MARKETS

5X5 – 3. MARKETS

1 • Morning Markets: Wheat Futures Ease as Key Crop Data Loom

"The big day has arrived.

Tuesday brings not only month end and quarter end, causes themselves for caution among ag investors, events linked by many commentators to increased fund position closing. It also brings two long-awaited crop reports – the US Department of Agriculture briefings on domestic grain stocks and spring sowings…

View On WordPress