04.
11.16
07:46

CBoT corn and soy beans from's largest weekly loss since 2 months

The CBoT prices for corn and soybeans are today under pressure tomorrow and today probably will enter the biggest one-week drop since the end of August. Traders and analysts expect that the next USDA report next Wednesday the yield estimates for the U.S. crop will be corrected upwards.
Soybean prices have fallen in the front month 2.6% so far this week, corn prices have decreased by 2.4%. Expectation of higher income slows down the soybean market, in particular, said Tobin Gorey by the agricultural Department in the Commonwealth Bank in Australia. Extremely good exports from the United States but also mean that also sets out the demand side. Now come's on it, as the USDA estimates the closing stock.
The USDA yesterday said that another 2.5 million tons of soybeans and 1.47 million tonnes were exported corn this week. Both figures exceeded the expectations of analysts. In addition again high daily export closings were reported: 120,000 tons of U.S. soybeans to unknown destinations and 136,000 tons corn to South Korea and 432,000 tons of corn to Mexico.

Rückrufservice
Please describe your request so that we can prepare for the callback.
Yes, I have read the Privacy Policy note and I consent that the data provided by me, including the contact data, for the processing of the inquiry and in case of questions are electronically collected and stored. My data will only be used strictly for my request and will not be passed without my consent. This consent can be revoked any time with effect for the future.'
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Register now

Jetzt registrieren und ZMP Live+ 14 Tage kostenlos testen!
  • Dauerhaft kostenfrei
  • Keine Zahlungsinformationen erforderlich