News

US: Local grain market with low soybeans available

Soybean
Maize (Corn)
Wheat
United States
Published Jun 23, 2022

Tridge summary

Today, in the domestic square, a market with a limited commercial dynamic was observed. In terms of prices, prices presented a disparate trend among the main grains traded.

Original content

For wheat with immediate unloading, US$ 345/t were openly offered. As for corn, the offers for the available cereal were located at US$ 245/t. Finally, for soybeans and for immediate delivery, the demand offered $47,605/t. In the afternoon of today, futures in the Chicago market closed the day in mixed terrain. Wheat contracts closed with uneven balance. Farther contracts firmed today as investors covered short positions following a Russian attack on a Ukrainian port, which reignited fears over supply shortages. However, the closest positions fall due to the proximity of expiration and position closures. For its part, corn finished mixed, adjusting falls in its most distant positions, given forecasts of improvements in weather conditions in the productive areas of the US. Finally, soybeans closed with losses, reaching their lowest level in more than one year. month, pressured by the weakness exhibited in the crude oil market. In the Matba - ROFEX market, the June 22 soybean ...
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