Stock Futures Continue Thursday\’s Tumble\r\n\r\n\r\nCould Mean Investment Shift Into Commodities\r\n \r\n\r\n US stock futures overnight are tumbling, a follow-up to Thursday’s decline, say market analysts. In turn, some are wondering if investors might relocate some of their investment money into commodities, including agricultural commodities.\r\n\r\n Stocks fell Thursday in response to a lower-than-expected China … Read More
Author: superadmin
Debate Over Weather Effects Could Keep Markets Choppy
Grain and soybean traders may spend the day debating the effect of an arctic blast on US wheat production, resilient corn and soybean demand against increasing South American supplies and declining prices there. The result could be a choppy trade unless something comes to the forefront of importance.\r\n The eastern third of the continental … Read More
Traders Nervous About Southern Argentine Crop Losses
Grain and soybean markets are higher in overnight trading after the latest GFS forecast for the 7-15 day period turned drier for southern Argentina, an area already baking in hot, arid conditions.\r\n Central and northern Argentina, along with Brazil, are forecast to receive favorable precipitation into the end of the month. This should help … Read More
Argentine Rains Stifle Buying Interest
Rain finally came to Argentina, and two more waves are expected this week, stifling buying interest in soybeans and soymeal, analysts said. Grains and soyoil are mixed in overnight trading.\r\n Brazil’s weather forecasts fall into normal ranges of rain and temperatures, and strong South American crops continue to worry US traders because of the … Read More
MLK Holiday Leaves Limited Trading Opportunities
Even though it is a Federal holiday today with banks, schools, state and federal offices, the Post Office, stock, bond and commodity markets are closed, there are a few electronic markets that will be open for certifiable traders to get their fix.\r\n The CME Group’s stock index futures will opened at 6:00 pm ET … Read More
Subdued Trade Ahead Of Long Weekend
Trading in grain, soybean and livestock markets may be somewhat subdued as traders even their positions ahead of Monday’s Martin Luther King Jr. holiday. \r\n Overnight markets are fairly quiet with the broad trend lower, and Agrimoney.com quoted Benson Quinn Commodities saying the day could bring more profit taking, referring in particular to soybeans, … Read More
Chinese Ministry Boosts Soybean Market
Just when traders expected China to begin cancelling soybean orders, the China Commerce Ministry says they expect 4.61 million tonnes of soybeans will be imported in January, which is larger than expected.\r\n The result is a higher soybean market in overnight trading, which is helping to support corn and wheat markets, although these markets … Read More