Monday , January 24 2022

CBOT trends – Soybeans 5-8 cents lower, stable down 1 cent corn, wheat 4-6 cents | Agricultural commodities



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CHICAGO, Nov 26 (Reuters) – The following are US business expectations for the opening of the grain complex trade and soy in the Board of Trade of & # 39; Chicago Monday 8:30 am CST (1430 GMT).

WHEAT – Up to 4 to 6 cents per bushel

* Grains seems to increase on export hopes. Condemns tensions between Russia and Ukraine restrict shipments of those major suppliers of the Black Sea to reinforce expectations for demand for US supplies.

* The Board & # 39; & # 39 Commerce; Chicago & # 39; December futures silk red winter wheat found support overnight move in the range of & # 39; five days Resistance was seen at a moving average & # 39; 30 days.

* The grain & # 39; December CBOT negotiated 6-1 / 2 cents to $ 5.06 to 1/4 per bushel. K.C. The winter wheat of hard gold & # 39; & # 39 was in December; 3 cents higher at $ 4.64 to 1/4 & # 39; The bus and MGEX spring wheat & # 39; December was & # 39; 5-3 / 4 cents to $ 5.80.

CORN – Stable for cents per bushel

* The future of corn appear steady to weak among ample supplies as the harvest comes & # 39; across the U.S. Midwest. But some bargain shopping, covering short to limit the decline in the market. Strength in wheat also adds support.

* The futures contract the most active corn reached lower than 1 & # 39; October during the overnight trade.

* Grain & # 39; December CBOT traded 1/2 cents to $ 3.58 to 1/2 per bushel.

Soybean – Down from 5 to 8 cents per bushel

* Concerns about the trade war has pushed soybean & # 39; down nearly 1 percent during the trading session overnight Traders are awaiting news of talks between President states Donald Trump and Chinese President Xi Jinping later this week.

* The soy imports from China almost doubled in Brazil & # 39; October from a year earlier, customs data showed on Monday.

* The contract & # 39; soy reference of CBOT soy & # 39; January fell & # 39; below the moving average & # 39; 20 days, 30 days, 40 days and 50 days during overnight trading.

* CBOT Soy of & # 39; January traded 7-1 / 4 cents to $ 8.73-3/4 a bushel. (Reporting by Mark Weinraub; Editing by Jeffrey Benkoe)

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