CBOT trends: Corn down 1-2 cents, soybeans and wheat narrowly mixed in the US

게시됨 2023년 11월 28일

Tridge 요약

Grain and soy complex trading at the Chicago Board of Trade (CBOT) is expected to resume with wheat futures being narrowly mixed and waiting for fresh direction. Weak export demand for U.S. supplies and strong competition from Black Sea suppliers are weighing on the market, while a softer U.S. dollar is providing some support. Corn futures turned lower due to technical selling and concerns about demand for abundant U.S. supplies, while soybean futures were narrowly mixed with pressure from rains in Brazil but anticipation of rebuilding weather conditions.
면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Monday. WHEAT – Narrowly mixed * Wheat futures were mixed in range-bound trade, awaiting fresh direction. Weak export demand for U.S. supplies and strong export competition from suppliers in the Black Sea region continue to hang over the market, while a softer U.S. dollar .DXY lends underlying support. * K.C. hard red winter wheat futures 0#KW: and MGEX spring wheat 0#MWE: futures inched higher in early moves. * Export prices for Russian wheat rose last week, helped by a continuing drop in shipments owing to stormy weather in ports, analysts said. * CBOT March soft red winter wheat WH24 last traded unchanged at $5.77-1/4 per bushel. K.C. March hard red winter wheat KWH24 was last up 2-1/2 cents at $6.14 a bushel and MGEX March spring wheat MWEH24 was last up 3/4 cent at $7.15-1/4 a bushel. CORN – Down 1 to 2 cents per bushel * Corn ...

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