Grains
Pre-Opening Corn Market Report for 5/24/2012
July corn was trading near 4 1/2 cents higher into 7:30 AM central time. Outside market forces look positive today with a recovery in gold and crude oil and some stability and higher trade in equity markets. China futures were up slightly overnight.
3:36 pm | CME Group
Pre-Opening Wheat Market Report
July wheat was trading 5 3/4 cents higher near 7:30 am cst. Outside market forces look supportive today with a recovery in gold and crude oil and more stable equity markets. The market was blasted with negative sentiment yesterday led by uncertainties for European and Chinese economies.
3:35 pm | CME Group
Pre-Opening Soy Complex Market Report
July soybeans were trading 15 cents higher near 7:30 cst and traded as much as 20 higher overnight. China futures closed up 0.6% and Palm oil futures in Malaysia closed 1.7% higher. Chinese shares were under pressure again overnight with more evidence of an extending slowing pattern in Chinese manufacturing seen in the headlines.
3:34 pm | CME Group
Black Sea wheat crop hit; damage worse without rain
A spring drought in wheat growing regions on the Black Sea has already reduced the outlook for this year's harvest but forecast rains could halt the damage in the coming days and weeks, a crucial period for crop development.
3:21 pm | Reuters
Pre-Opening Corn Market Report for 5/23/2012
July corn was trading near unchanged into 7:30 AM central time. Outside market forces look negative again today with dollar strength and weakness in energy and metal markets. China futures were down 0.7% overnight.
May 23 | CME Group
Pre-Opening Wheat Market Report
July wheat was trading 16 1/4 cents lower near 7:30 am central time. Outside market forces look very weak again today with a stronger US dollar and weakness in other key commodity markets. With 100 degree heat and dryness across the central and western winter wheat belt this weekend, traders see the potential for further damage to yield for northwest Kansas and north into Nebraska and Colorado.
May 23 | CME Group
Pre-Opening Soy Complex Market Report
July soybeans were trading 13 1/4 cents lower near 7:30 am. China futures closed down 1.4% to near 5 month lows. Palm oil futures in Malaysia closed 2.9% lower. Asian shares were under pressure overnight with Hong Kong shares reaching the lowest levels since late January.
May 23 | CME Group
Pre-Opening Corn Market Report for 5/22/2012
July corn was trading 8 cents lower into 7:30 AM central time. Outside market forces look mixed with a firm equity market but weakness in gold and some strength in the US dollar. Yesterday's weather models were quite threatening but talk that overnight that one of the models shows a better chan...
May 22 | CME Group
Pre-Opening Wheat Market Report
July wheat was trading 15 1/2 cents lower near 7:30 am central time. Outside market forces look mixed to weaker as the stronger US dollar and weakness in gold clash with a firm equity market. The market is showing significant weakness overnight as the weekly updates did not bring any major surprises but did confirm that the crop conditions are falling off rapidly.
May 22 | CME Group
Pre-Opening Soy Complex Market Report
July soybeans were trading 4 3/4 cents lower near 7:30 am. China futures closed down 0.1% in quiet trade overnight. Palm oil futures in Malaysia closed 0.4% higher. Hong Kong shares finally managed a small rise last night and in the process that market broke a long chain of daily losses.
May 22 | CME Group
Pre-Opening Corn Market Report for 5/21/2012
July corn was trading about 2 cents higher into 7:00 AM central time and traded as much as 9 cents higher overnight. Outside market forces were seen as slightly positive this morning with a weaker US dollar and some strength in equity markets.
May 21 | CME Group
Pre-Opening Wheat Market Report
July wheat was trading near 2 cents lower near 7:30 am central time and down 28 3/4 cents from the overnight highs. Outside market forces look somewhat positive with lower trade in the US dollar and a jump in equity markets. July wheat rallied as much as $1.29 3/4 cents from last Monday's lows before selling emerged overnight.
May 21 | CME Group
