US farm markets faced a fairly quiet session on Thursday. Corn prices, indeed, inched 0.08% higher, and soybean lifted 0.02%. Both soymeal and soyoil trended slightly lower, easing by 0.07% and 0.3% respectively. Wheat prices, meantime, made moderate inroads, with focus on extension of Black Sea shipping deal, while tensions between Russia and Ukraine remain […]
Daily Market Wire – May 5, 2023 Leggi tutto »
US farm markets were mixed but mostly higher on Wednesday. Corn prices rose 1.47%, soybeans firmed 0.48%, soyoil also firmed around 1.6% higher, while soymeal were trimmed by 0.7%. Wheat prices grabbed substantial gains, on rising concerns after Russia accused Ukraine of trying to assassinate President Putin in a drone attack on the Kremlin. Thus,
Daily Market Wire – May 4, 2023 Leggi tutto »
US farm markets slumped lower again, on Tuesday, as a broad selloff affected grain and cattle prices, energy markets and others more, on worries about a potential recession. Thus, corn fell by 0.77%, soybean tumbled 1.17%, soyoil losses were modest, easing 0.04% lower, while soymeal dropped more than 1.3%. Wheat prices crumbled, with Chicago SRW
Daily Market Wire – May 3, 2023 Leggi tutto »
US farm markets were mixed but mostly lower on Monday. Corn prices eased by 0.09%. Soybean prices improved by 0.58%, with soymeal lifting 0.28%, and soyoil picking up 0.27%. Wheat prices suffered a blowback on improving weather conditions in the Plains, with both Chicago SRW and Kansas City HRW falling by 2.45%, while MGEX HRS
Daily Market Wire – May 2, 2023 Leggi tutto »
US farm markets continued to crumble on Thursday, amid another China large corn sale cancellation, and favourable weather conditions. Corn prices, indeed, dropped 2.26%. Soybean faded 0.64% lower, with soyoil tumbling 2.5% lower, while soymeal firmed 0.45% higher. Wheat prices faced severe cuts, with Chicago SRW dropping 1.99%, Kansas City HRW fell 1.86% and MGEX
Daily Market Wire – April 28, 2023 Leggi tutto »
US farm markets suffered another setback on Wednesday. Corn prices dropped 0.77%. Soybean fell 0.64%. The rest of the soy complex was mixed, with soymeal stumbling 2.02% lower, while soyoil added 0.72%. Wheat prices tumbled, with Chicago SRW dropping 1.8%, Kansas City HRW falling 3.02%, and MGE HRS sinking by 3.55%. In Europe, grain prices
Daily Market Wire – April 27, 2023 Leggi tutto »
US farm markets saw a new decline on Tuesday. Corn prices closed 0.73% lower; soybean stumbled 1.36%; meal settled the session with 1.07% losses; bean oil ended down by 1.62%. Wheat prices were down by double digits at one point, but rallied back about a dime by the close. In spite that, Chicago SRW dipped
Daily Market Wire – April 26, 2023 Leggi tutto »
US farm markets fell sharply on Monday, after a large corn sale cancellation to China and a tepid round of export inspection data brought the bears racing back onto the scene. Corn prices, indeed, fell 1.81% to an eight-month low. Soybeans spilled 1.23% lower. The rest of the soy complex also trended lower, with soymeal
Daily Market Wire – April 25, 2023 Leggi tutto »
US farm markets continued to bleed last Friday. Corn market closed 0.08% lower. Soybeans fell 0.93%. Meal prices ended the end week session 1.24% lower, while soy oil posted triple digit losses, down 1.89%. Wheat prices followed other grains lower, with Chicago SRW dropping 0.9%. Kansas City HRW May contract closed 0.06% in the black
Daily Market Wire – April 24, 2023 Leggi tutto »
US farm markets continued their selloff, with grain prices suffering earnest cuts. Corn prices, indeed, were down 1.26%. Soybeans drifted 0.6% lower. The rest of the soy complex also faced significant reductions, with soymeal down 0.68%, while soyoil lost 1.07%. Wheat losses were much steeper, as Chicago SRW fell 2.05%, Kansas City HRW lost 2.49%,
Daily Market Wire – April 21, 2023 Leggi tutto »
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