Latest news with #ExportSales
Yahoo
3 days ago
- Business
- Yahoo
Cotton Losses Push to Friday Morning
Cotton price action is showing losses of 26 to 55 points. Futures closed out the Thursday session with contracts down 29 to 74 points. The US dollar index was back down $0.058 to $97.925, as crude oil futures were down 8 cents. Weekly Export Sales data showed a total of net reductions of 17,172 RB in the week ending on 7/31 for old crop to round out the marketing year. A total of 598,393 RB is carried over from unshipped sales, with 107,300 RB sold for new crop in the last week of July. Shipments to round out the 2024/25 marketing year were 182,334 RB, taking the total to 11.191 million RB. More News from Barchart Tighter Supplies and Brazilian Real Weakness Boost Coffee Prices Market Bottom Alert: Corn Prices Look Set to Gain After August 12 Signs of Tighter Supplies Lift Coffee Prices Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. The Cotlook A Index was up 50 points at 78.25 cents on August 6. ICE cotton stocks were steady on 8/5, with the certified stocks level at 21,617 bales. USDA's Adjusted World Price (AWP) was down 13 points on Thursday afternoon at 54.39 cents/lb. Oct 25 Cotton closed at 64.96, down 74 points, currently down 26 points Dec 25 Cotton closed at 66.43, down 41 points, currently down 55 points Mar 26 Cotton closed at 67.9, down 29 points currently down 51 points 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
3 days ago
- Business
- Yahoo
Soybeans Slip Back to Start Friday
Soybeans are trading with 1 to 2 cent losses so far on Friday morning. Futures rallied back on Thursday, with contracts up 9 to 10 ¼ cents at the close. Open interest was up 20,965 contracts on Thursday, suggesting net new buying interest. The cmdtyView national average Cash Bean price was back up 8 1/2 cents at $9.35 1/4. Soymeal futures bounced back, with contracts up $3.30 to $4.00. Soy Oil futures were down 20 to 28 points on the day. There were 124 delivery notices for August soybean meal overnight, with 20 issued for soybean oil and none against August soybean. The 7 day forecast is creeping higher, with totals up to 1-nearly 5+ inches for parts of IA, southern WI, northern MO, and northwest IL in the next week. Areas in KS, MN, IN and MI are also expected to to receive nearly an inch. More News from Barchart Tighter Supplies and Brazilian Real Weakness Boost Coffee Prices Market Bottom Alert: Corn Prices Look Set to Gain After August 12 Signs of Tighter Supplies Lift Coffee Prices Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Export Sales data showed old crop soybean sales in the week of 7/31 at 467,842 MT. That was a 4-week high and still 43.8% above the same week last year. Taiwan was the buyer of 150,400 MT, with the Netherlands in for 119,700 MT. New crop business was 545,010 MT, a MY high for new crop. Unknown destinations was the buyer of 254,300 MT, with 106,000 MT purchased by Egypt. Soybean meal sales were tallied at 281,761 MT, which was in the estimated range of 100,000 to 400,000 MT, with 169,393 MT for the current MY and 112,368 MT for next MY. Bean oil sales were tallied at 7,039 MT, which was in the middle of expectations of 0-13,000 MT. Ahead of the Tuesday Crop Production report, traders are looking for US soybean yield to be 53 bpa, with a range of 52 to 54. Production is seen at 4.374 billion bushels, which is up 39 mbu from the July WASDE. Aug 25 Soybeans closed at $9.71 3/4, up 10 1/4 cents, currently down 2 cents Nearby Cash was $9.35 1/4, up 8 1/2 cents, Sep 25 Soybeans closed at $9.74, up 8 1/2 cents, currently down 1 1/2 cents Nov 25 Soybeans closed at $9.93 3/4, up 9 1/4 cents, currently down 2 cents New Crop Cash was $9.26 3/4, up 9 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
3 days ago
- Business
- Yahoo
Corn Easing Back on Friday
Corn price action is showing fractional to penny losses early on Friday. Futures held onto the Thursday gains into the close, after December held the $4 mark on Wednesday. Contracts closed with 4 to 6 cent gains. Some of that was possibly short covering, with preliminary open interest down 12,249 contracts. September was a large part of that, down 31,563 contracts as the Goldman roll kicked off. The CmdtyView national average Cash Corn price was up 4 3/4 cents at $3.67 1/4. Export Sales data showed 170,428 MT in old crop corn sales, the second lowest for the MY, during the week of July 31. Mexico was the buyer of 208,400 MT, with Colombia buying 148,900 MT, as unknown saw reductions of 491,700 MT which were mostly switched to a destinations. New crop business blew past the expectations, at 3.16 MMT in total. That takes the total sales for 2025/26 to 11.777 MMT, the second highest for the current week on record behind 2021/22 (when China was an active buyer). Unknown was the buyer of 1.28 MMT, with Mexico in for 408,000 MT and South Korea buying 402,000 MT. More News from Barchart Tighter Supplies and Brazilian Real Weakness Boost Coffee Prices Market Bottom Alert: Corn Prices Look Set to Gain After August 12 Signs of Tighter Supplies Lift Coffee Prices Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Ahead of the USDA Crop Production reports next week, analysts surveyed by Bloomberg shows an average guess of 184.3 bpa for national corn yield with a wide range of 181 to 189. Production is pegged at 15.995 billion bushels, which would be up 290 mbu from last month's WASDE total. Sep 25 Corn closed at $3.84 1/2, up 4 3/4 cents, currently down 1 cent Nearby Cash was $3.67 1/4, up 4 3/4 cents, Dec 25 Corn closed at $4.07, up 5 3/4 cents, currently down 3/4 cent Mar 26 Corn closed at $4.24 1/2, up 5 1/4 cents, currently down 3/4 cent New Crop Cash was $3.65 3/4, up 5 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
Yahoo
4 days ago
- Business
- Yahoo
Corn Closes Thursday with Gains as Export Business Gives Bulls a Boost
Corn futures held onto the Thursday gains into the close, after December held the $4 mark on Wednesday. Contracts closed with 4 to 6 cent gains. The CmdtyView national average Cash Corn price was up 4 3/4 cents at $3.67 1/4. USDA reported two separate private export sales of 106,680 MT to Mexico and 105,000 MT to Guatemala, both for 2025/26 shipment. More News from Barchart Coffee Prices Settle Lower on Tariff Woes Tariff Turmoil Weighs on Coffee Prices The Bullish Cattle Stampede Rumbles On. Here's What to Watch Next After Record Cattle Highs. Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Export Sales data showed 170,428 MT in old crop corn sales, the second lowest for the MY, during the week of July 31. Mexico was the buyer of 208,400 MT, with Colombia buying 148,900 MT, as unknown saw reductions of 491,700 MT which were mostly switched to a destinations. New crop business blew past the expectations, at 3.16 MMT in total. That takes the total sales for 2025/26 to 11.777 MMT, the second highest for the current week on record behind 2021/22 (when China was an active buyer). Unknown was the buyer of 1.28 MMT, with Mexico in for 408,000 MT and South Korea buying 402,000 MT. Sep 25 Corn closed at $3.84 1/2, up 4 3/4 cents, Nearby Cash was $3.67 1/4, up 4 3/4 cents, Dec 25 Corn closed at $4.07, up 5 3/4 cents, Mar 26 Corn closed at $4.24 1/2, up 5 1/4 cents, New Crop Cash was $3.65 3/4, up 5 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
Yahoo
4 days ago
- Business
- Yahoo
Cotton Fades Lower on Thursday
Cotton futures closed out the Thursday session with contracts down 29 to 74 points. The US dollar index was back down $0.058 to $97.925, as crude oil futures were down 8 cents. Weekly Export Sales data showed a total of net reductions of 17,172 RB in the week ending on 7/31 for old crop to round out the marketing year. A total of 598,393 RB is carried over from unshipped sales, with 107,300 RB sold for new crop in the last week of July. Shipments to round out the 2024/25 marketing year were 182,334 RB, taking the total to 11.191 million RB. More News from Barchart Coffee Prices Settle Lower on Tariff Woes Tariff Turmoil Weighs on Coffee Prices The Bullish Cattle Stampede Rumbles On. Here's What to Watch Next After Record Cattle Highs. Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! The Cotlook A Index was up 50 points at 78.25 cents on August 6. ICE cotton stocks were steady on 8/5, with the certified stocks level at 21,617 bales. USDA's Adjusted World Price (AWP) was down 13 points on Thursday afternoon at 54.39 cents/lb. Oct 25 Cotton closed at 64.96, down 74 points, Dec 25 Cotton closed at 66.43, down 41 points, Mar 26 Cotton closed at 67.9, down 29 points 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
