Monday, September 27, 2021

Corn, wheat, soybeans open 2021 narrowly combined | 2021-01-05


Soybean Meal Futures Chart

January four abstract

  • US soybean futures rose reasonably firstly of 2021, reducing some positive factors after climbing to recent six-and-a-half-year highs on the again of speculative shopping for and provide considerations from South America. Fund-driven shopping for, unsure South American harvests and robust export demand pushed almost all corn futures to contract-term highs earlier than decreasing positive factors in profit-taking and gross sales to farmers. Wheat futures have been combined, having trimmed positive factors after approaching six-year highs in fund shopping for and energy from corn and soybean spillovers. March corn decreased ¼ ¢, closing at $ four.83¾ per bushel; subsequent months combined in a slender vary. Chicago March wheat added 1½ ¢ to shut at $ 6.42 per bushel. kansas metropolis March wheat misplaced four ¢ to shut at $ 5.99½ per bushel; the next months have been combined. Minneapolis March wheat was down ¼ ¢, closing at $ 5.99 a bushel; subsequent months combined in a slender vary. January soy they have been up 1¼ ¢, closing at $ 13.16½ a bushel. January Soybean flour it fell $ 7.20 to shut at $ 427.20 a ton, though subsequent months have been combined. January soy oil it fell zero.four ¢ to shut at 42.93 ¢ a pound.
  • Traders envisioning a protracted and uneven restoration from the financial fallout of the coronavirus pandemic despatched shares all the way down to open the 12 months. the Dow Jones Industrial Common It decreased 382.59 factors, or 1.25%, to shut at 30,223.89. the Customary & Poor’s 500 Index It fell 55.42 factors, or 1.48%, to shut at three,700.65. the Nasdaq Composite it closed 189.84 factors, or 1.47%, to shut at 12,698.45.
  • US crude oil costs opened the 12 months with a decline. The February future was 90 ¢ decrease at $ 47.62 per barrel.
  • the American greenback The index modified course since New 12 months’s Eve and closed decrease on the primary buying and selling day of 2021.
  • American Gold futures rose considerably on Monday because of the decline within the greenback index. The February contract rose $ 51.50 to $ 1,946.60 an oz..

December 31 Abstract

  • Argentine exports slowed together with dry climate there and Brazil pushed US corn futures to six-and-a-half-year highs on Thursday because the commodity closed the e-book in its finest 12 months in a decade. Soybean futures additionally hit six-and-a-half-year highs supported by shrinking international provides and posted their finest annual achieve since 2007. Wheat futures held agency within the final buying and selling session of the 12 months, ending with a annual revenue for the fourth consecutive 12 months. March corn added 9½ ¢ to $ four.84 per bushel. Chicago March wheat was down ¼ ¢ to shut at $ 6.40½ a bushel, though subsequent months have been combined in a slender vary. kansas metropolis March wheat added 2¼ ¢ to shut at $ 6.03½ per bushel. Minneapolis March wheat was up three ¢, closing at $ 5.99¼ a bushel. January soy they have been up 11½ ¢, closing at $ 13.15¼ a bushel. January Soybean flour it was up $ 2 to $ 434.40 a tonne, though subsequent months have been combined. January soy oil added zero.66 ¢ to shut at 43.33 ¢ a pound.
  • US fairness markets closed increased Thursday on the ultimate day of a tumultuous 12 months in inventory buying and selling. Regardless of quiet buying and selling, the DJIA posted its 14th report shut of 2020. The S&P 500 posted its 33rd report shut of the 12 months, whereas the Nasdaq was 10 factors beneath its 56th report shut for 2020. The Dow Jones Industrial Common added 196.92 factors, or zero.65%, to shut at 30,606.48. the Customary & Poor’s 500 Index added 24.03 factors, or zero.64%, to shut at three,756.07. the Nasdaq Composite it superior 18.28 factors, or zero.14%, to shut at 12,888.28.
  • US crude oil Costs erased preliminary losses within the ultimate minutes of the final session of 2020 and closed increased, registering their eighth weekly improve within the final 9 weeks. The February future was 12 ¢ increased at $ 48.52 a barrel.
  • After 4 defeats in 5 classes, the American greenback The index ended the buying and selling 12 months with a better shut on Thursday.
  • American Gold futures continued to strengthen on Thursday. The February contract rose $ 1.70 to $ 1,895.10 per ounce.

December 30 Abstract

  • Fund shopping for, technical buying and selling and squaring positions as the brand new 12 months approached despatched wheat futures to their highest ranges in six years. Corn futures superior for a thirteenth straight session on Wednesday, hitting a six-and-a-half-year excessive. Assist got here from dry situations that threatened crops in key competitor international locations Brazil and Argentina, the latter of which suspended corn exports till March 1 to make sure satisfactory home provide. Soybean futures closed above the important thing $ 13 per bushel mark at new six-and-a-half-year highs, whilst an Argentine labor strike that delayed export shipments was resolved. March corn jumped 8½ ¢, closing at $ four.74½ per bushel. Chicago March wheat was up 22¼ ¢ to shut at $ 6.40 per bushel. kansas metropolis March wheat added 16¼ ¢ to shut at $ 6.01¼ per bushel. Minneapolis March wheat was up 15¾ ¢, closing at $ 5.96¼ a bushel. January soy they have been up 8¼ ¢, closing at $ 13.03¾ a bushel. January Soybean flour it rose $ 5.40 to $ 432.40 a ton. January soy oil added zero.19 ¢ to shut at 42.67 ¢ a pound.
  • US fairness markets closed increased on Wednesday as traders guess on a fast restoration within the economic system. The DJIA, with a lift from Disney, marked its 13th report shut of the 12 months. Collectively, the highest three indices have posted 100 report closings in 2020, essentially the most since 2017. Dow Jones Industrial Common It added 73.89 factors, zero.24%, to shut at 30,409.56. the Customary & Poor’s 500 Index added 5 factors, or zero.13%, to shut at three,732.04. the Nasdaq Composite it superior 19.78 factors, or zero.15%, to shut at 12,870.
  • US crude oil costs continued their upward trajectory on Wednesday. Assist got here from a report by the Power Info Administration that indicated a 6.1 million barrel decline in US oil reserves and US oil manufacturing held regular for a 3rd. week. The February future was 40 ¢ increased at $ 48.50 a barrel.
  • the American greenback The index weakened once more on Wednesday, its fourth loss in 5 classes.
  • American Gold Futures continued to strengthen Wednesday as the worth of the greenback declined. The February contract rose $ 10.50 to $ 1,893.40 per ounce.

December 29 Abstract

  • U.S. soybean futures soared Tuesday on tight international provide as traders ignored short-term stress as Argentine labor negotiations progressed. Corn adopted soybeans increased and wheat futures superior after two days of losses. March corn it was up 9½ ¢, closing at $ four.66 a bushel. Chicago March wheat was up 4¼ ¢ to shut at $ 6.18½ a bushel. kansas metropolis March wheat added eight ¢ to shut at $ 5.85 a bushel. Minneapolis March wheat was up 3¾ ¢, closing at $ 5.80½ a bushel. January soy soared 40¼ ¢, closing at $ 12.95½ per bu. January Soybean flour it rose $ 11.70 to $ 427 a ton. January soy oil added zero.76 ¢ to shut at 42.48 ¢ a pound.
  • A day after closing at all-time highs, US fairness markets swung between positive factors and losses earlier than closing decrease on Tuesday. Some momentum was misplaced after Senate Majority Chief Mitch McConnell blocked efforts by Democrats to vote up or down on sending bigger stimulus checks to People. the Dow Jones Industrial Common It fell 68.30 factors, or zero.22%, to shut at 30,335.67. the Customary & Poor’s 500 Index It misplaced eight.32 factors, or zero.22%, to shut at three,727.04. the Nasdaq Composite it decreased 49.20 factors, or zero.38%, to shut at 12,850.22.
  • US crude oil costs strengthened on Tuesday. February futures closed up 38 ¢ to $ 48 a barrel.
  • the American greenback Index weakened on Tuesday.
  • American Gold futures have been increased on Tuesday. The February contract rose $ 2.50 to $ 1,879.70 per ounce.

December 28 abstract

  • Wheat futures closed decrease on Monday as rain and snow in components of the arid Southwest improved the outlook for onerous purple winter wheat and, to a lesser extent, the much less dry delicate purple winter crop. Spring wheat adopted winter wheat down. Decrease export prospects from Russia restricted wheat losses. Corn futures superior on sturdy export demand. Futures for the soy advanced have been principally decrease as talks progressed to finish a labor strike in Argentina. March corn it was up 5½ ¢, closing at $ four.56½ per bushel. Chicago March wheat fell 12¾ ¢ to shut at $ 6.14¼ a bushel. kansas metropolis March wheat fell 12 ¢ to shut at $ 5.77 a bushel. Minneapolis March wheat was down 6 ¢, closing at $ 5.76¾ per bushel. January soy it misplaced 8¼ ¢, closing at $ 12.55¼ per bushel, though subsequent months have been combined. January Soybean flour it dropped $ 1.50 to $ 415.30 a ton, with subsequent months additionally combined. January soy oil it was down zero.12 ¢ to shut at 41.72 ¢ a pound.
  • U.S. inventory markets closed Monday at report highs after President Donald Trump signed the stimulus invoice Sunday evening, which is predicted to spice up the economic system, assist customers climate the pandemic and stop the federal government shutdown. the Dow Jones Industrial Common it added 204.10 factors, zero.68%, to shut at 30,403.97. the Customary & Poor’s 500 Index It gained 32.30 factors, or zero.87%, to shut at three,735.36. the Nasdaq Composite it superior 94.69 factors, or zero.74%, to shut at 12,899.42.
  • US crude oil Costs gave off early positive factors and closed decrease on Monday on considerations about declining demand (associated to the rise of a brand new pressure of the coronavirus within the UK) and the Group’s elevated manufacturing prospects. of Petroleum Exporting Nations plus Russia. February futures closed 61 cents at $ 47.62 a barrel.
  • the American greenback The index was flat however weakened towards the euro particularly on Monday.
  • American Gold Futures fell as traders turned to riskier shares amid hopes for US stimulus on Monday. The February contract was down $ 2.80 to $ 1,880.40 an oz..

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