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e-ADM FarmerView
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Get Futures Quotes, Live Truck Unloads, Location Bids, Market
Comments & more on your wireless device at mobile.e-adm.com.
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Last Updated Thursday, September 2, 2010 3:20 PM
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ZZZzzzz. Quiet, mixed session prior to the 3-day weekend (so far at least). Near noon, wheat futures are up a dime and corn, soybeans and products are narrowly mixed. WZ is up 10c near 7.19. CZ is off 1 1/2c near 4.45. SX is up 1c near 10.06. Soyoil is a shade easier/meal slightly better. The outside markets are mildly supportive. Stock indices and crude are firmer, and the dollar is weak. Wheat futures have seen follow-through buying to Wed's positive close. Prices got an added boost when Prime Minister Putin today said Russia will not consider lifting the grain export ban until after the 2011 harvest. That news plus strong bookings, the Argentine estimate of 9-10.5 mmt vs USDA's 12 mmt, French milling wheat futures at a 1-month high and the weaker dollar have all offered support. Corn futures are drifting lower on light profit taking but are still hovering around the 14 1/2-month high....
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Grain News Headlines from Dow Jones Newswires |
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ADM Grain Market Intelligence |
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From ADM-Benson Quinn, Minneapolis
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Grain and Soy Market Opening Comments - Updated 9/2/2010 8:17:50 AM . Log in for more...
Corn - Updated 9/2/2010 3:14:31 PM Corn started out the new month on a positive note as fresh speculative monies helped to underpin price action along with renewed buying interest in the wheat complex. Log in for more...
Oilseeds - Updated 8/31/2010 3:53:03 PM Month-end selling and broad market investor jitters sent beans stumbling lower into the close in an otherwise quiet and non-descript session. Log in for more...
Hard Red Winter Wheat - Updated 2/2/2010 8:45:43 AM No Information. Log in for more...
Hard Red Spring Wheat - Updated 8/31/2010 3:39:40 PM Wheat futures opened lower pressured by lower overnight trade and the lack of new bullish news. Log in for more...
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