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Archive for December 17th, 2009

MARKET TALK: CBOT Corn Slides On Dollar Strength

Thursday, December 17th, 2009

CBOT corn futures are lower in early trade on the strong dollar. Although the market has at times recently moved independently of the dollar, the greenback's strength can't be ignored Thursday, a trader says. Strong weekly »

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MARKET TALK: CBOT Soybeans Fall 20 Cents On Firm US Dollar

Thursday, December 17th, 2009

CBOT soybean futures are falling hard in early dealings on pressure from a rally in the U.S dollar and on technical selling, analysts say. Solid weekly U.S. soybean export sales of 944,700 tons are overshadowed by the firm »

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US Export Sales: Net Sales For Soyoil – Dec 17

Thursday, December 17th, 2009

For the week ended Dec 10 in metric tons. Based on Oct-Sep marketing year. New sales are gross sales for the week, net sales are the result of destination changes and foreign purchases/cancellations. Only countries with major activity »

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US Export Sales: Net Sales For Soybeans – Dec 17

Thursday, December 17th, 2009

For the week ended Dec 10 in metric tons. Based on Sep-Aug marketing year. New sales are gross sales for the week, net sales are the result of destination changes and foreign purchases/cancellations. Only countries with major activity »

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ICE Canola Lower On Bearish Outside Markets

Thursday, December 17th, 2009

Grain and oilseed futures at the ICE Canada Futures market are lower at 9:33 a.m. EST Thursday as canola was pressured down by weakness in outside markets, prompted by the strong U.S. dollar, brokers said. Canola volumes were strong with intermonth spreading »

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US Export Sales: Net Sales For Corn – Dec 17

Thursday, December 17th, 2009

For the week ended Dec 10 in metric tons. Based on Sep-Aug marketing year. New sales are gross sales for the week, net sales are the result of destination changes and foreign purchases/cancellations. Only countries with major activity »

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US Export Sales: Net Sales For Wheat – Dec 17

Thursday, December 17th, 2009

For the week ended Dec 10 in metric tons. Based on Jun-May marketing year. New sales are gross sales for the week, net sales are the result of destination changes and foreign purchases/cancellations. Only countries with major activity are listed. »

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Commodities Market Impact Weather: Favorable Midwest Harvest Conditions

Thursday, December 17th, 2009

Favorable Midwest harvest conditions, mild trends in the Southern Plains, drier and warmer patterns in Brazil, promising shower chances for Argentina, a decreasing rainfall pattern in South Africa, and decreasing cold-weather »

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US Cash Grain Outlook: Soybean Prices Hit 3 1/2 Month High

Thursday, December 17th, 2009

Farmgate soybean prices sat astride a 3 1/2 month high Thursday, averaging over $10.06 a bushel throughout the U.S. for the first time since early September. Elevator bids for cash corn--and many classes of wheat--stood at one to two week highs, as well. »

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CBOT Soy Outlook: Down 7c-10c On Pressure From Dollar Rally

Thursday, December 17th, 2009

Chicago Board of Trade soy futures are expecting to open weaker Thursday following overnight losses as a strong dollar weighs on prices. Soybeans are called 7 cents to 10 cents lower. In overnight trade, January soybeans were down 7 cents to »

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US Wheat Outlook: Seen Down 7-10c On Overnight, Firm Dollar

Thursday, December 17th, 2009

The rising U.S. dollar and sluggish export demand are expected to keep U.S. wheat futures on the defensive at the start of Thursday's day session. Chicago Board of Trade March wheat is called to open 7 to 10 cents per bushel lower. »

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CBOT Corn Outlook: Lower On Dollar; Exports Limit Downside

Thursday, December 17th, 2009

A stronger dollar is expected to put Chicago Board of Trade corn futures on the defensive in early trade Thursday, although losses could be limited by strong weekly export sales. Corn is called 3 to 5 cents lower. In overnight trade, March corn was down 5 cents to »

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OIL FUTURES: Nymex Crude Falls On Stronger Dollar, Weak Demand

Thursday, December 17th, 2009

Crude oil futures fell Thursday as the dollar strengthened and a decline in U.S. inventories failed to mask weak demand. Light, sweet crude for January delivery recently traded 80 cents, or 1.1%, lower at $71.86 a barrel on the New York Mercantile Exchange. »

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PRECIOUS METALS: Ebbing Risk Appetite Pressures Gold Futures

Thursday, December 17th, 2009

Gold futures are pulling back sharply as the dollar rallies against its major rivals. The metal is resuming its risk play status, declining as investors shun what they see as riskier assets such as metals and stocks for the perceived safety of the U.S. dollar. »

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US Export Sales: Weekly Shipment Totals – Dec 17

Thursday, December 17th, 2009

For the week ended Dec 10, in thousand metric tons, except cotton in thousand running bales. Export shipments do not include those for own account. The marketing year for wheat and barley began Jun 1, cotton »

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US Export Sales: Weekly Sales Totals -Dec 17

Thursday, December 17th, 2009

For the week ended Dec 10, in thousand metric tons, except cotton in thousand running bales. Net changes in commitments are gross sales, less cancellations, buy-backs and other downward adjustments. Total commitments are total export shipments plus total sales. »

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GRAIN HIGHLIGHTS: Top Stories Of The Day

Thursday, December 17th, 2009

The Australian Securities & Investments Commission said Thursday it will appeal a Supreme Court of Victoria decision on Dec. 9 to permanently stay a second civil penalty case against Andrew Lindberg, the former managing director of agribusiness AWB Ltd. (AWB.AU). »

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Graded Cocoa Prices Up In Nigeria.s Cross River State -Official

Thursday, December 17th, 2009

Graded cocoa prices in Nigeria's southeastern Cross River State have risen to between 475,000 naira ($3,130) and NGN490,000 ($3,261) a metric ton, a cocoa industry official said Thursday. Last week, graded cocoa sold for NGN475,000 a ton. »

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WORLD FOREX: Dollar Rallies As Risk Appetite Wanes

Thursday, December 17th, 2009

The dollar is sharply higher against its rivals early Thursday in New York on lingering global credit concerns, poor economic data in the U.K. and continued support from the Federal Open Market Committee's statement Wednesday. »

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Brazil Dec 1-16 Green Coffee Exports At 1,020,994 Bags -Cecafe

Thursday, December 17th, 2009

Brazilian green coffee exports for Dec. 1-16 are at 1,020,994 60-kilogram bags, according to preliminary figures from the Brazilian Green Coffee Exporters Council, or Cecafe. »

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