Latest news with #ExportInspections
Yahoo
6 days ago
- Business
- Yahoo
Corn Heads Lower into the Close
Corn futures fell lower into the Monday close, as contracts were down 3 to 4 cents across most months. The CmdtyView national average Cash Corn price was down 2 3/4 cents at $3.70 3/4. USDA's Crop Progress report showed the US corn crop at 88% silking, with 42% in the dough stage. The crop was also listed at 6% dented. Conditions were steady this week, at 73% gd/ex and 384 on the Brugler500 index. More News from Barchart Below-Average Rain in Brazil Supports Coffee Prices Is the Corn Market Undervalued? Coffee Prices Rally on Below-Average Rainfall in Brazil Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. StoneX estimates the US corn crop at 188.1 bushel per acre, with the production total at 16.323 bbu. Their Brazilian corn second crop estimate is at 111.7 MMT, which is up 3.5 MMT from their previous number. Export Inspections data showed 1.208 MMT (47.54 mbu) of corn shipped in the week that ended on July 31, which was up down 21.18% from the week prior and 5.08% below the same week last year. Mexico was the top destination of 572,682 MT, with 182,950 MT to Colombia and 147,823 MT to Japan. Marketing year shipments have totaled 61.56 MMT (2.423 bbu) since September 1, 28.36% larger yr/yr. Sep 25 Corn closed at $3.87, down 2 1/2 cents, Dec 25 Corn closed at $4.07, down 3 3/4 cents, Mar 26 Corn closed at $4.24 3/4, down 3 1/2 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
6 days ago
- Business
- Yahoo
Corn Losses Leaking into Monday
Corn futures are trading with 2 to 3 cent losses so far on Monday. Preliminary open interest on Friday was down 10,784 contracts. The CmdtyView national average Cash Corn price was down 2 3/4 cents at $3.70 3/4. Export Inspections data showed 1.208 MMT (47.54 mbu) of corn shipped in the week that ended on July 31, which was up down 21.18% from the week prior and 5.08% below the same week last year. Mexico was the top destination of 572,682 MT, with 182,950 MT to Colombia and 147,823 MT to Japan. Marketing year shipments have totaled 61.56 MMT (2.423 bbu) since September 1, 28.36% larger yr/yr. More News from Barchart Below-Average Rain in Brazil Supports Coffee Prices Is the Corn Market Undervalued? Stronger Sugar Demand from Pakistan Boosts Sugar Prices Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Grain Crushing data showed 447.97 mbu of corn used for ethanol during June, which was up 0.8% from last month and 0.41% larger than June 2024. CFTC data indicated a total of 3,820 contracts of futures and options were added to the spec fund net short in corn as of Tuesday, taking it to 181,185 contracts by July 29. StoneX estimates the Brazilian corn second crop at 111.7 MMT, which is up 3.5 MMT from their previous estimate. Sep 25 Corn is at $3.87 1/2, down 2 cents, Dec 25 Corn is at $4.08, down 2 3/4 cents, Mar 26 Corn is at $4.25 1/2, down 2 3/4 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Yahoo
30-07-2025
- Business
- Yahoo
Soybeans Fall to Start the Week, as Ratings Improve
Soybeans closed the Monday session with contracts down 9 to 10 cents. The cmdtyView national average new crop Cash Bean price was down 10 1/2 cents at $9.59 1/4. Soymeal futures were fading lower on Monday, with contracts $1.60 to $2.90. Soy Oil was 1 to 27 points higher on the day. The Monday afternoon Crop Progress report from USDA showed a total of 76% of the US bean crop blooming, with 41% setting pods. Condition ratings were back up 2% to 70% in good/excellent categories, as the Brugler500 improved 5 points to 378. More News from Barchart Coffee Prices Sharply Higher on Weather and Tariff Concerns in Brazil Adverse Brazilian Weather and Tariff Concerns Boost Coffee Prices Corn Bulls Are Bending, Not Breaking: What to Watch in Grain Futures This Week Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. This morning's Export Inspections report showed a total of 409,714 (15.05 mbu) of soybeans shipped in the week of 7/24. That is up 8.7% from last week and 0.3% above the same week in 2024. Egypt was the top destination of 154,434 MT, with 75,603 MT headed to Netherlands and 72,432 MT to Mexico. Marketing year shipments are now at 47.2 MMT (1.734 bbu), which is 10.4% above the same period last year. The US and EU announced the framework for a trade agreement over the weekend, which includes 15% US tariffs on most EU goods, $750 billion in US energy purchases over 3 years, and EU lowering some tariffs on US ag goods. Nothing is official, nor has much been announced in relation to ag. Over the weekend, President Milei of Argentina announced a reduction in the export tax on soybeans back to 26%, from 33%, with meal and oil dropping from 31% to 24.5%. Aug 25 Soybeans closed at $9.88 3/4, down 10 cents, Nearby Cash was $9.55, down 10 1/4 cents, Sep 25 Soybeans closed at $9.92 1/2, down 9 1/2 cents, Nov 25 Soybeans closed at $10.11 1/2, down 9 1/2 cents, New Crop Cash was $9.59 1/4, down 10 1/2 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
29-07-2025
- Business
- Yahoo
Soybeans Trading with Tuesday Morning Losses as Ratings Improve
Soybeans are trading with 2 to 3 cent losses early on Tuesday morning. Futures closed the Monday session with contracts down 9 to 10 cents. Preliminary open interest suggested longs exiting the market, dropping 26,541 contracts on Monday. The cmdtyView national average new crop Cash Bean price was down 10 1/2 cents at $9.59 1/4. Soymeal futures were fading lower on Monday, with contracts $1.60 to $2.90. Soy Oil was 1 to 27 points higher on the day. The Monday afternoon Crop Progress report from USDA showed a total of 76% of the US bean crop blooming, with 41% setting pods. Condition ratings were back up 2% to 70% in good/excellent categories, as the Brugler500 improved 5 points to 378. More News from Barchart Coffee Prices Sharply Higher on Weather and Tariff Concerns in Brazil Adverse Brazilian Weather and Tariff Concerns Boost Coffee Prices Corn Bulls Are Bending, Not Breaking: What to Watch in Grain Futures This Week Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Monday morning's Export Inspections report showed a total of 409,714 (15.05 mbu) of soybeans shipped in the week of 7/24. That is up 8.7% from last week and 0.3% above the same week in 2024. Egypt was the top destination of 154,434 MT, with 75,603 MT headed to Netherlands and 72,432 MT to Mexico. Marketing year shipments are now at 47.2 MMT (1.734 bbu), which is 10.4% above the same period last year. Aug 25 Soybeans closed at $9.88 3/4, down 10 cents, currently down 2 1/4 cents Nearby Cash was $9.55, down 10 1/4 cents, Sep 25 Soybeans closed at $9.92 1/2, down 9 1/2 cents, currently down 2 cents Nov 25 Soybeans closed at $10.11 1/2, down 9 1/2 cents, currently down 2 1/4 cents New Crop Cash was $9.59 1/4, down 10 1/2 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-07-2025
- Business
- Yahoo
Soybean Bulls Tripping Up on Monday
Soybeans are down 9 to 10 cents across the front months on Monday. The cmdtyView national average new crop Cash Bean price is down 9 1/4 cents at $9.60 1/2. Soymeal futures are fading lower, with contracts $1.90 to $2.10. Soy Oil was is 2 to 6 points higher at midday. This morning's Export Inspections report showed a total of 409,714 (15.05 mbu) of soybeans shipped in the week of 7/24. That is up 8.7% from last week and 0.3% above the same week in 2024. Egypt was the top destination of 154,434 MT, with 75,603 MT headed to Netherlands and 72,432 MT to Mexico. Marketing year shipments are now at 47.2 MMT (1.734 bbu), which is 10.4% above the same period last year. More News from Barchart Does the 2025 Corn Crop Have a Pollination Problem? Weather Shocks vs. Oversupply: Are You Trading SRW Wheat's Next Big Move? Adverse Brazilian Weather and Tariff Concerns Boost Coffee Prices Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! The US and EU announced the framework for a trade agreement over the weekend, which includes 15% US tariffs on most EU goods, $750 billion in US energy purchases over 3 years, and EU lowering some tariffs on US ag goods. Nothing is official, nor has much been announced in relation to ag. The US and China are also expected to extend the pause on increased tariffs for another 90 days, as the two countries meeting is expected to resume today in Sweden. Weekly Commitment of Traders data indicated a total of 21,412 contracts were cut from the managed money net short position in soybean futures and options as of July 22. That took their net position to 10,886 contracts by Tuesday. Over the weekend, President Milei of Argentina announced a reduction in the export tax on soybeans back to 26%, from 33%, with meal and oil dropping from 31% to 24.5%. Aug 25 Soybeans are at $9.88 1/2, down 10 1/4 cents, Nearby Cash is at $9.55 1/4, down 10 cents, Sep 25 Soybeans are at $9.92, down 10 cents, Nov 25 Soybeans are at $10.11 1/4, down 9 3/4 cents, New Crop Cash is at $9.60 1/2, down 9 1/4 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
