미국 농업 및 식품 인사이트

Spot rates for corn and soybeans at elevators, processing plants, and river terminals in the United States on Friday were mostly stable. According to traders, basis rates for corn and soybeans shipped by barges to the U.S. Gulf Coast for export remained stable and even increased after a sharp drop in futures prices this week slowed farmer sales. Soybean futures on the Chicago Commodity Exchange rose on Friday during technical trading before the weekend after abundant supplies and good weather kept soybean futures under pressure for most of the week, traders say. November soybean futures on CBOT rose by 8-1/4 cents to $10.24-3/4 per bushel. CBOT August soybean oil futures closed down 0.08 cents to 52.48 cents per pound, and August soybean meal futures closed up 40 cents to $275.60 per short ton. Warm, rainy weather in the U.S. Midwest is expected to promote new soybean crop development in the coming days, creating a greenhouse effect. Grain market participants also adjusted ...

Chicago corn and soybean futures rose on Friday from multi-month lows, supported by short covering and a weakening dollar, analysts said. Grain market participants were also adjusting positions as they turned their attention to U.S. Department of Agriculture acreage, stock and crop progress reports on Monday. However, favorable supply prospects in the United States and worldwide remained a curb on prices. The most-active soybean contract ended 8-1/4 cents higher at $10.24-3/4 a bushel. CBOT wheat settled 4 cents higher at $5.40-3/4 per bushel. CBOT corn settled 7-1/2 cents higher at $4.11-1/2 per bushel, recovering from Thursday’s eight-month low of $4.02-1/4. “There’s some short covering after the big selloff,” Randy Place, analyst at Hightower Report, said. “We’ve already priced in a good bit of bearishness this week.” Further weakness in the dollar, as investors see chances of bigger U.S. interest rate cuts this year, also helped underpin commodity markets. Despite Friday’s ...

Basis bids for corn and soybeans shipped by barge to the U.S. Gulf Coast for export were steady to firmer on Friday after sharply lower futures prices this week slowed farmer marketings, traders said. Chicago Board of Trade corn futures fell more than 3% this week and several contracts hit lifetime lows. CBOT soybeans were also down more than 3% in the week. Both commodities were pressured by favorable U.S. crop weather. Corn export demand remained moderate for near-term supplies, while demand for deferred U.S. shipments was muted as buyers awaited an expected bumper harvest in Brazil. U.S. soybean export demand was generally slow as newly harvested Brazilian supplies were available at more competitive prices for importers in Asia. The U.S. Department of Agriculture on Friday confirmed private sales of 119,746 metric tons of U.S. new-crop soybeans to Mexico. CIF corn barges loaded in June were bid 2 cents higher at 71 cents over Chicago Board of Trade July futures (CN25) while ...