#fcpo
#palmoil
Soybean futures for March delivery add 0.4% to $10.19 3/4 a bushel on Chicago Board of Trade after Tuesday touching $10.14 1/4, lowest for the contract since Nov. 21.
- NOTE: U.S. exporters report sales of 132,000 tons sold to China for delivery by Aug. 31, USDA says in statement Wednesday
- NOTE: Soybeans sold for export in week ended Dec. 8 increased 37% from week earlier to 2.008m tons: USDA
- Total sales committed for delivery by Aug. 31 are a record for the date and 26% higher than a year ago, USDA data show
- “Export business has been far better than anyone expected, and we should see another strong week of sales in Thursday’s weekly USDA report,” Mark Schultz, chief analyst for Northstar Commodity Investment Co. in Minneapolis, says in a phone interview
- “Gains limited by forecasts for rain to aid crops in South America”
- NOTE: Argentina Rain to Boost Corn, Soybean Development
- Soybean-oil futures for March delivery rise 0.5% to 36.52c/lb, heading for the biggest gain since Dec. 1
- EARLIER: Palm Oil Futures Advance as Indonesia Reserves, Demand Assessed
- Soybean-meal futures for March delivery up 0.4% to $314.20 per 2,000 pounds
No comments:
Post a Comment