아르헨티나 곡류 및 콩류 인사이트

Chicago corn and soybean futures steadied on Friday after a drop in the previous session, as traders focused on rain forecast in Argentina. Wheat eased on stiff export competition. Trading was subdued as participants prepared for a three-day holiday weekend in the United States and awaited direction on U.S. trade policy when Donald Trump returns to the White House on Monday. The most active corn contract on the Chicago Board of Trade (CBOT) was up 0.3% at $4.75-3/4 a bushel by 1333 GMT, while soybeans gained 0.7% to $10.26 a bushel. Corn and soybeans fell sharply on Thursday in profit-taking after reaching one-year and three-month highs, respectively, earlier in the week. Parched conditions in Argentina along with bigger than expected cuts to U.S. Department of Agriculture supply forecasts had fuelled gains in corn and soybeans in the past week. But the heart of Argentina’s crop belt should get rain by the end of the week, though hot, dry weather may return next week. “Argentina

Chicago corn and soybean futures edged higher on Wednesday to trade near multi-month highs as investors monitored rain forecasts in Argentina and awaited U.S. inflation data for more clues on interest rate policy. Wheat prices eased after a two-day rally, capped by a backdrop of strong competition for tepid export demand. The most active corn contract on the Chicago Board of Trade (CBOT) ZC1! was up 0.4% at $4.76-1/2 a bushel at 1146 GMT. The contract reached its highest since December 2023 on Tuesday before turning lower. CBOT soybeans ZS1! rose 0.3% to $10.50-1/2 a bushel. The oilseed hit its highest since early October on Tuesday before easing like corn. CBOT wheat ZW1! dipped 0.3% to $5.44-3/4 a bushel after touching its highest in over a week on Tuesday. Corn and soybean prices surged after the U.S. Department of Agriculture, on Friday, cut its estimates for U.S. 2024 production and end-of-season stocks by more than analysts had expected. The surprise revisions added impetus

Rainfall forecasts in Argentina have stopped the speculative rise in soybean quotes, which may limit the increase in purchase prices in Ukraine.