Maize prices fell across key spot markets as demand from feed manufacturers fell. Bulk buyers have trimmed their purchases as they are awaiting prices to decline with the arrival of the Bihar crop. Bihar is the […]
May 19 Soybeans closed at $8.84 1/4, down 5 1/4 cents,
Soybean futures faded late in the day to close 3 1/2 to 5 1/4 cents lower. Nearby meal settled UNCH despite the slumping corn market. Soy oil was down 27 points. NASS put soy stocks at […]
Indore soybean price steady on low demand, arrivals
Price of soybean in Indore was steady as both demand and arrivals were weak, traders said. Demand remained weak as crushing plants have already replenished their inventories, they said. Arrivals, too, fell as stockists stayed away […]
May 19 Corn closed at $3.56 1/2, down 17 1/2 cents,
Corn futures closed 4 to 17 1/2 cents lower today, with substantial weakness in the old crop contracts. The 2020 contracts were better supported on the theory that low prices cure low prices. USDA reported 8.605 […]
Maize prices fell across key spot markets due to a rise in arrivals.
Maize prices fell across key spot markets due to a rise in arrivals. A fall in demand from bulk buyers and feed manufacturers also weighed on prices. In Nizamabad, maize arrivals were pegged at 2,500-2,600 bags […]
May 19 Soybeans closed at $8.89 1/2, up 2 cents,
Soybean futures saw fractional to 2 cent gains in the front months on Thursday. Meal futures were up $2.10/ton, with soy oil 19 points lower. Wire reports are showing that US exporters sold 1.5 MMT of […]
Indore soybean prices down on subdued demand
Soybean prices in Indore fell further as demand from crushing plants and exporters remained subdued. Bulk buyers have trimmed their purchases due to a decline in exports. In Indore, the oilseed was sold for 3,770-3,790 rupees […]
May 19 Corn closed at $3.74, up 1/4 cent,
Corn futures ended Thursday with fractional to penny gains in most contracts. USDA reported 904,536 MT of old crop corn sales MADE during the week of 3/21 in this morning’s Export Sales report. That was a […]
Maize largely steady
Maize, prices rose marginally despite a rise in arrivals as demand from bulk buyers and feed manufacturers remained firm. The arrivals rose as farmers and stockists started offloading the commodity at higher price levels. Demand is […]
Soybean futures posted losses of 12 to 13 1/4 cents in the nearby contracts.
Soybean futures posted losses of 12 to 13 1/4 cents in the nearby contracts on Wednesday on position squaring ahead of Friday’s reports. Weakness in the South American currencies was also seen as pressure. Meal futures […]
Soybean prices fell due to weak demand.
Soybean prices in Indore fell due to weak demand from crushing plants and exporters. Bulk buyers have trimmed their purchases due to a decline in exports. In Indore, the oilseed was sold at 3,790-3,800 rupees per […]
May 19 Corn closed at $3.73 3/4, down 3 1/2 cents.
Corn futures closed the session with most contracts 1 to 3 1/2 cents lower on less than supportive ethanol data. Stocks of ethanol rose to a record 24.448 million barrels, as lack of rail movement caused […]
India price of maize up on firm buys.
Price of maize was up across the key spot markets due to rise in demand from bulk buyers and feed manufacturers. However, a marginal rise in arrivals checked a sharp rise. Demand is likely to firm […]
Soybean futures closed the Tuesday session with most contracts 4 to 5 3/4 cents lower.
Meal futures were down $4.10/ton, with soy oil down 17 points. Ahead of Friday’s USDA Planting Intentions report, traders are expecting US producers to plant 86.17 million soybean acres in 2019. If realized, that would be […]
Soybean futures on the NCDEX traded lower because of sluggish demand.
Nagpur – In range-bound trade, soyabean and cottonseed oil prices moved down at the Vidarbha region of Western Maharashtra largely on reduced offtake amid weak global trend. Sentiment turned bearish after Malaysian palm oil reported downward […]
South Africa Raises Corn-Crop Estimate Slightly on Better Yields
South Africa boosted its estimate for this year’s corn harvest by 0.5 percent, after an increase in yields in the Free State province. Farmers will probably reap 10.56 million tons in the 2018-19 season, Marda Scheepers, […]
CBOT May 19 Corn closed at $3.77 1/4, down 2 1/2 cents.
Corn futures saw 1 to 2 1/2 cent losses in most contracts on Turnaround. Estimates for this Friday’s Planting Intentions report are averaging 91.332 million corn acres, with a range of 89.5 to 92.7 million acres. […]
Soybean futures saw 2 to 2 3/4 cent gains in the front months.
Soybean futures saw 2 to 2 3/4 cent gains in the front months on Monday. Meal futures were up a dime/ton, with soy oil 16 points higher. USDA indicated that 857,970 MT of soybeans were exported […]
Soybean futures on the NCDEX traded lower because of sluggish demand.
Soybean futures on the NCDEX traded lower because of sluggish demand amid absence of any significant soymeal export deals. Refined soyoil contracts also traded lower in line with the key soyoil contracts on the Chicago Board […]
CBOT, May 19 Corn closed at $3.79 3/4, up 1 1/2 cents
Corn futures ended the session with most contracts 1 to 2 cents higher. Short covering and rain in the forecast for an already saturated WCB supported the market. USDA Export Inspections report showed 995,997 MT of […]