Wheat rises after dropping to 4-mth low, soybean prices ease
In the last session, October 26 to October 26, the most active Chocolate Board of Business's wheat contract business increased by 0.4 percent in its lowest at 4.88-1 / 2 business.
In the previous three sessions wheat market has suffered more than 6%.
Soybean benched 0.1 percent to $ 9.00, while corn added 0.7% to 3.72-1 / 2 a buckle.
The pressure on US wheat demand is increasing. A government official said, instead of selecting US wheat, the general establishment of Syria for grain processing and trade bought 200,000 tonnes of black sea real wheat in its latest international purchase tender.
According to the United States grain buyers, trading house Agrocorp has rescued a tender to provide 50,000 tonnes of wheat to Bangladesh, and is expected to meet Russia from the grain.
"USDA has published export-export inspection data, no matter how you cut it illegally, it can be described as simply weakly. "Said Toben Gorai, director of agricultural strategy in Commonwealth Bank of Australia.
"Export inspection should now be bouncing when the United States is going to rotate in its inventories." This market has been issued by the General Authority of Egypt in the supply chain, which has been discovered for an unusual quantity of wheat for warehouses from April 5. -15. The hope of a trade agreement between Washington and Beijing is supporting American soybean prices, however, Brazil's strong competition is limited successfully.
US President Donald Tomep said on Tuesday that business talks are going well with China and it is suggested that they remain open to push.
For the last time to complete the talks, March 1 said "magic" was not a date.
China is about to import the world's largest soybean, whereas America is the second largest exporter.
US Department of Agriculture hopes to release its predictions in its annual Outlook forum for houses, soybean and wheat plants during this week in 2019.
Donkey prices in 0339 GMT
The last change of the contract PCT CHG two days CHG MA MA RSI
CBOT wheat 491.75 2.00 + 0.41% -2.48% 516.18 23
CBOT corn 372.50 2.75 + 0.74% -0.60% 377.41 39
CBOT Soya 900.00 -0.75 -0.08% -0.83% 912.53 36
CBOT rice 10.00 $ 0.02 + 0.15% -1.14% $ 10.63 12
WTI raw 56.37 $ 0.28 + 0.50% + 1.40% $ 53.24
Currencies
Euro / dlr $ 1.135 $ 0.001 + 0.04% + 0.33%
USD / AUD 0.7164 0.000 + 0.01% + 0.48%
More active agreement
Wheat, corn and soya American St. / Basil. Rice: USD per
Soviet
RSS 14, countless
Source: Reuters (Reporting by Naveen Thakal; Joseph Radford and Sharj Sinha's amendment)
In the previous three sessions wheat market has suffered more than 6%.
Soybean benched 0.1 percent to $ 9.00, while corn added 0.7% to 3.72-1 / 2 a buckle.
The pressure on US wheat demand is increasing. A government official said, instead of selecting US wheat, the general establishment of Syria for grain processing and trade bought 200,000 tonnes of black sea real wheat in its latest international purchase tender.
According to the United States grain buyers, trading house Agrocorp has rescued a tender to provide 50,000 tonnes of wheat to Bangladesh, and is expected to meet Russia from the grain.
"USDA has published export-export inspection data, no matter how you cut it illegally, it can be described as simply weakly. "Said Toben Gorai, director of agricultural strategy in Commonwealth Bank of Australia.
"Export inspection should now be bouncing when the United States is going to rotate in its inventories." This market has been issued by the General Authority of Egypt in the supply chain, which has been discovered for an unusual quantity of wheat for warehouses from April 5. -15. The hope of a trade agreement between Washington and Beijing is supporting American soybean prices, however, Brazil's strong competition is limited successfully.
US President Donald Tomep said on Tuesday that business talks are going well with China and it is suggested that they remain open to push.
For the last time to complete the talks, March 1 said "magic" was not a date.
China is about to import the world's largest soybean, whereas America is the second largest exporter.
US Department of Agriculture hopes to release its predictions in its annual Outlook forum for houses, soybean and wheat plants during this week in 2019.
Donkey prices in 0339 GMT
The last change of the contract PCT CHG two days CHG MA MA RSI
CBOT wheat 491.75 2.00 + 0.41% -2.48% 516.18 23
CBOT corn 372.50 2.75 + 0.74% -0.60% 377.41 39
CBOT Soya 900.00 -0.75 -0.08% -0.83% 912.53 36
CBOT rice 10.00 $ 0.02 + 0.15% -1.14% $ 10.63 12
WTI raw 56.37 $ 0.28 + 0.50% + 1.40% $ 53.24
Currencies
Euro / dlr $ 1.135 $ 0.001 + 0.04% + 0.33%
USD / AUD 0.7164 0.000 + 0.01% + 0.48%
More active agreement
Wheat, corn and soya American St. / Basil. Rice: USD per
Soviet
RSS 14, countless
Source: Reuters (Reporting by Naveen Thakal; Joseph Radford and Sharj Sinha's amendment)
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