World markets for grains and oilseeds

게시됨 2024년 12월 18일

Tridge 요약

Soybean futures on the Chicago Mercantile Exchange have hit an all-time low due to favorable crop conditions in Brazil and weak demand from China. Brazil's soybean exports are expected to increase, and the Brazilian real has weakened against the U.S. dollar. Wheat futures also fell due to lower global prices and concerns about export outlooks. Corn futures also declined due to weaker soybean and wheat futures, favorable weather in South America, and expectations of Federal Reserve interest rate cuts. Additionally, about 3% of Ukraine's winter crops are in poor condition, a significant improvement from previous estimates.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Soybean futures on the Chicago Mercantile Exchange fell to their lowest ever on Tuesday, as favorable crop conditions in Brazil and weak Chinese demand for U.S. soybeans weighed on the market. Brazil, the world’s largest soybean producer and exporter, has completed planting for the 2024-25 crop, consultants AgRural said Monday morning. The consultancy had forecast a record output of 171.5 million tonnes. Data from the National Oilseed Crusher Association showed U.S. soybean crushes in November were down from an all-time high reached in October and missed most trade forecasts, adding to the bearish sentiment in the market. The U.S. Department of Agriculture confirmed private sales of 187,000 tonnes of U.S. soybeans to Spain and 132,000 tonnes to undisclosed destinations for shipment in the 2024-25 marketing year. CBOT January soybeans settled 5-1/4 cents lower at $9.76-3/4 a bushel. All soybean contracts fell to all-time lows. CBOT January soybean meal settled 30 cents higher at ...

출처: Oilworld