Heavy snow cover in the Midwest, generally benign winter wheat conditions, favorable trends in both Brazil and Argentina, scattered South Africa rainfall, and possible cold-temperature stress for Ukraine wheat areas are the main weather items for the commodity »
Frequent rainfall is expected to douse Brazil's main center-south sugarcane region for the next 15 days, Celso Oliveira, a meteorologist at Sao Paulo-based Somar, said on Monday. The center-south sugarcane region, which accounts for around 90% of Brazil's sugarcane, »
Graded cocoa prices in southwestern Nigeria remained steady at 500,000 naira ($3,311) a metric ton, as cocoa markets reopened in the region after the Christmas break, buyers said Monday. »
Sudan, angling to become Africa's leading exporter of ethanol, has sent out its first shipment of the biofuel to the Netherlands, an official with the state-owned Kenana company said Monday. "The first cargo of 5 million liters of ethanol was exported yesterday. It left for Rotterdam and is intended for the European... »
Chicago Board of Trade soybean futures are expected to climb on Monday's open on short-covering, solid demand and modest outside market support. Soybeans are called 8 to 12 cents higher. In overnight trading, January soybeans were up 12 1/4 »
Brazilian sugar and ethanol company Cosan Industria e Comercio SA (CSAN3.BR) has signed a deal worth 1.2 billion Brazilian reals ($691 million) to secure logistics infrastructure and services from local logistics provider America Latina Logistica. »
The cash-value of US corn continues to climb, entering Monday at a 3 1/2 week high, made possible by improved basis, as well as a rising futures market. US grain elevators closed out last week bidding $3.58 per bushel for corn, representing a 30-cent »
Gold futures are slightly higher as the U.S. dollar dips a bit in thin trading between the Christmas and New Year's holidays. In recent activity, February gold futures were up $5.40 at $1,110.20 an ounce on the Comex division of the New York Mercantile Exchange. »
Chicago Board of Trade corn futures are poised to open higher Monday amid slight support from outside markets and the harsh winter weather that hit over the long holiday weekend. Corn is called 7 to 9 cents higher. In overnight trade, March corn was up »
Spillover support from other markets and money flowing into commodities are expected to boost U.S. wheat futures early Monday as traders kick off the final week of the year. Chicago Board of Trade March wheat is called to open 8 to 10 cents »
Crude futures edged higher Monday as strong U.S. retail sales boosted the economic outlook of the few traders in the market. Light, sweet crude for February delivery recently traded 47 cents, or 0.6%, higher at $78.52 a barrel on the New York Mercantile Exchange. »
The dollar is little changed against the yen early Monday, hovering close to its recent highs, as investors make last-minute year-end trades. Currency movements reflect the market thinness that's typical for the days between the Christmas »
CBOT grain and soy futures were strong overnight, with support seen from weakness in the U.S. dollar and firm outside markets, traders say. Rising gold and crude oil prices help set a positive tone, they say. »
March corn on Thursday closed higher, near the session high and closed at a bullish weekly high close. Prices are still in a choppy trading range at higher price levels, bound by solid support at the »
March soybeans on Thursday closed weaker and nearer the session low. Some near-term chart damage has occurred in beans recently. Bears have the overall near-term technical advantage. The next upside technical objective for the bulls is pushing and closing March prices above solid »
Following is Brazil's Cepea/Esalq arabica coffee cash price index. Figures are calculated by the Center for Advanced Applied Economic Studies. The name of the index was formerly Esalq/BM&F. »
India January NCDEX soybean futures provisionally settle up 0.3% at INR2,399.50/100 kg on firm spot prices; local price in Indore higher 1.1%. Soyoil also closed up 0.2% at INR484.15/10 kg. »
