Chicago / Reuters – At 47.1 bushels an acre, last month’s soybean yield estimate from the U.S. Department of Agriculture was a new all-time high. And the average trader estimate for […] Read more
Grain ‘trade’ at risk of low-balling U.S. soybean yields: Maguire
Put buyers bet CBOT wheat’s strength won’t last
Reuters — Chicago wheat prices may have rallied more than 10 per cent since October 1, but judging by a jump in bearish put option positions tied to the March […] Read more
Options suggest soymeal tumble postponed till Jan.
Reuters — Soymeal traders have been bracing for a steep decline in U.S. meal prices for the past several months as a record-large soybean crop was planted and grown. Indeed, […] Read more
Analysis: Spring/HRW wheat spread playing tricks on wheat traders
Minneapolis spring wheat was supposed to have regained a premium over Kansas City hard red winter wheat by now, after having slipped to a rare discount to its lesser-grade cousin […] Read more
Analysis: Speculators, commercials in rare corn position tango
Usually, large speculators and commercial traders take opposing positions in the corn futures and options market, with speculators favoring long exposure while commercials typically sit heavily short in reflection of […] Read more
Analysis: China, Egypt import tussle could reignite wheat market
China and Egypt look set to duke it out for top spot on the world wheat import rankings in 2013. Frost and heavy rains shaved millions of tonnes off the […] Read more
Analysis: Options plays show most traders are bearish on beans
New-crop November soybean futures prices have been in a holding pattern lately on either side of $12.50 a bushel as market participants bide their time ahead of the 2013 crop’s […] Read more
Short covering surge could boost U.S. wheat
The U.S. Department of Agriculture just upwardly revised U.S. wheat production prospects on the back of better-than-expected yield reports emerging from the ongoing U.S. harvest. But even as harvest progress […] Read more
Chinese buying could push soybeans over $20
The July-September quarter is traditionally a soft period for U.S. soybean exports as the world’s top buyers of the oilseed typically divert their buying interest to South American suppliers while […] Read more