AgResource tracks the lineup of vessels at US ports in order to gauge the intensity of nearby soybean export demand. The table below shows the total tonnage of vessels waiting to load soybeans over the past four months. Also shown is USDA ‘s soybean export inspections for each week. Ship Lineup Data & Inspections…
** It has been a mixed session of trade at the CBOT with corn, soybeans and wheat futures widely mixed in tepid volume. Soybeans have pushed to new monthly lows while the grains firm on spread unwinding. Traders are well aware of the large net fund short position that already exists in corn and are…
The upper trough causing a showery and cool regime across west-central Russia persists while a ridge pattern affecting Europe gradually strengthens.
** AgResource Daily Cattle Analysis: Cattle closed higher on Thursday and steady outlook is offered for early trade this morning. Early selling found good demand that carried cattle prices higher into the end of the day, leaving June $1.80 higher and August up $1.475 at the close. Slow trading is expected after the first hour,…
**Administration Note: AgResource will be releasing our Weekend Report this afternoon to afford more time to our employees for the Memorial Day Holiday. ** 6:30 AM CST CBOT Prices: July soybeans are down 2.00 cents at $9.3725, July corn is up .50 of a cent at $3.6925 while July Chi wheat is up .50 of…
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