CBOT Jan soybean futures are leading an early bounce in prices, with advances picking up momentum once buy stop orders were activated after the contract pierced through resistance near $10.60. »
CBOT soybean futures are posting modest declines, under pressure from technical weakness and the negative influence of improving South American weather conditions. Choppy, two-sided trade is featured in early action, with selling interest »
CBOT corn is lower in early trade as a stronger dollar weighs. The market lacks bullish news and faces ideas that it overextended itself with its recent 25-cent rally. »
March corn futures are currently trapped in the middle of a 2.5-month-old trading range at higher levels on the daily bar chart. That trading range is bound by strong overhead technical resistance at the November high of $4.25 a bushel »
("UK Exports 144,211 Tons Wheat In October, Down On Year - HGCA" published at 1137 GMT misstated the month as November in the title. The correct version follows:) »
ICE arabica coffee futures rebounded from early weakness to hit 15-month highs, supported by speculative buying and the market's bullish fundamentals. Shawn Hackett of The Hackett Money Flow Report says the coffee »
High world cocoa prices are increasing cocoa farmer insecurity in Ivory Coast, the world's biggest grower, producers told Dow Jones Newswires Tuesday. Growing insecurity increases transport costs, reduces farmgate prices »
US MIDWEST: A blast of arctic air swept across the western Corn Belt Monday and brought light snow from portions of Iowa and southeastern Minnesota into northern Illinois, Wisconsin, and Michigan. Snowfall totals were up to 2 inches with local amounts to 4 inches. »
CHINA: Rain and snow fell Monday from the Yangtze River Basin northward to the Yellow River. Moisture totals were as great as 1.50 inches in western Jiangsu while 0.10 to 0.75 inch occurred most often. Other rain totals near and over 1.00 inch occurred in other Jiangsu and »
Continued cold Midwest conditions, favorable trends in the Southern Plains, a benign pattern in Brazil, late-week showers for Argentina, and periodic rains in South Africa are the main weather items for the commodity trade's attention Tuesday. »
Grain and oilseed futures at the ICE Canada Futures market are lower at 9:30 a.m. EST Tuesday with canola pressured by overnight weakness in soyoil and crude oil, brokers said. Canola saw extremely thin overnight trade with volumes picking up in »
South African corn futures lost declined Tuesday on the back of a strong rand and predictions of rain. The December corn contract ended 3 rand lower at ZAR1,646 and the March 2010 contract fell ZAR7 to ZAR1,662. »
The dollar is sharply higher Tuesday morning as credit concerns in Austria and Greece continue to pressure the euro and other European currencies. Investor wariness of risk weighed on a range of other risk-sensitive »
South Africa exported 35,373 metric tons of white corn last week, up from 14,219 tons a week earlier, the South African Grain Information Service said Tuesday. Exports of yellow corn were also higher, rising to 3,642 tons last week »
Interior basis premiums for all classes of U.S. cash grain were on the rise Tuesday, responding to a late autumn slowdown in farm-to-market movement, related to inclement weather. "As expected, farmers made some headway in harvesting the »
Ivory Coast, the world's largest cocoa producer, has seen an increase in robberies against farmers due to the current high price of the crop, farmers and police said Tuesday. "Robbers were present before these recent price rises, but now there's not a day or night when a »
Spot gold pares losses as the EUR/USD bounces slightly, but the metal's likely to remain under pressure through the end of the year, says a London-based trader. Notes longs will continue to take profits until the end of the year, while other »
Brazil's upcoming 2009-10 soy crop is in the final stage of being planted, local agricultural consultancy Celeres said in a report. Brazil's soy farmers had planted 91% of the 2009-10 crop as of Dec. 11 compared with a figure of 92% a year ago and 85% in the prior week, Celeres said.... »
U.S. wheat futures are expected to open lower Tuesday, following other markets in the absence of its own supportive fundamental news. Chicago Board of Trade wheat is called 3 cents to 5 cents lower. In overnight trade, March CBOT wheat was down 5 cents to $5.38 1/2 per bushel and July CBOT »
