NWF Agriculture Logo and Header Image

July, 2009

Chicago Ends Week On Higher Note

September corn ended up 7 1/4 cents at $3.39 1/2 per bushel, and December corn ended up 7 1/4 cents at $3.49 1/2.

EU Wheat Nudges Higher

EU wheat futures closed mostly higher Friday with Paris November milling wheat ending up EUR0.50 at EUR135.50/tonne, and London November feed wheat ending up GBP0.25 at GBP103.00/tonne.

FSU Grain Production

The Russian Agrarian Market Conjuncture Institute (IKAR), yesterday pegged Russian grain production for this season at 92 MMT, 15% down on last season despite an increase in planted area, due to a pe

Chicago Soya Ends Sharply Higher

August soybeans closed 70 3/4 cents higher at $11.28 1/4 a bushel, and November finished 55 cents higher at $9.71.

EU Wheat Futures Close Higher For Once

EU wheat futures had a rare higher close Thursday with November Paris milling wheat ending EUR1.25 higher at EUR135/tonne, and London November feed wheat closing GBP1.50 higher at GBP102.75/tonne.

EU Wheat Futures Extend Decline

EU wheat futures closed lower again, with London maintaining a seemingly unstoppable march back into double figures for the first time this year.

Chicago Closing Comments Wednesday

August soybeans closed at $10.57 ½, up 3 cents, November at $9.16, up 11 cents.

EU Wheat Ends Mixed

EU wheat futures closed mixed Tuesday with November Paris milling wheat ending up EUR0.25 at EUR135.50/tonne and London November feed wheat closing down GBP0.85 at GBP102.50/tonne.

Chicago Closing Comments Monday

September corn closed at $3.22 ¼, up 6 cents. The crop progress report out after the close, showed 55% of the corn crop silking, up from 31% last week but well behind the five year average of 76%.

EU Wheat Extends Decline Monday

EU wheat futures extended their recent steep decline Monday, with November Paris milling wheat closing down EUR2.50 at EUR135.50/tonne.

Chicago Closes Week On Weaker Note

August soybeans closed down 3 1/2 cents at $10.20 a bushel, November soybeans closed down 17 3/4 cents, further widening the old crop/new crop spread.

EU Wheat Continues To Slide Friday

EU wheat futures continued their slide Friday with Paris November milling wheat closing down EUR1.25, or 0.9%, at EUR138.00/tonne, and London November feed wheat trading down GBP1.25 at GBP106.00/tonn

CBOT Closes Higher Thursday

August soybeans closed at $10.23 ½, up 5 cents, November at $9.32, up 24 cents. Weekly export numbers were strong at a combined total of 701,981 MT, more than half of that old crop.

EU Wheat Ends Mixed, Mostly Higher Thursday

EU wheat futures closed mixed Thursday with Paris November milling wheat ending EUR0.25 higher at EUR139.25/tonne, and London November feed wheat trading up GBP0.75 at GBP107.25/tonne.

Ukraine Harvest Progress

Ukraine's 2009 wheat harvest was around 50% complete as of July 21st, according to the Agriculture Ministry.

Chicago Closes Mixed Wednesday

August soybeans closed at $10.18 ½, up 4 cents, whilst November soybeans finished at $9.08, up 3 cents. The market seems in limbo at the moment, unsure of where to head next.

EU Wheat Continues Downtrend Wednesday

EU wheat futures extended their prolonged decline on yet more harvest pressure Wednesday.

Chicago Closing Comments

Sep corn closed down 11 3/4 cents at $3.11 1/2 per bushel and Dec corn ended down 11 3/4 cents to $3.22.

EU Wheat Ends Lower After Egypt Buys Russian Wheat

The recent problems of the last few weeks that saw Egypt buy EU and US wheat in preference to cheaper Russian supplies over a quality dispute seem to be over, with GASC confirming the purchase of 60,0

CBOT - A Game Of Two Halves

August soybeans closed at $10.33, up 23 ½ cents, whilst November soybeans finished at $9.23, down ½ cent.

EU Wheat Drifts Lower Monday

EU wheat futures continue to drift lower despite lack of farmer selling on mounting harvest activity in eastern Europe.

The EU Rapeseed Crop 2009 And Beyond

We're almost ready to harvest it, yet opinion is still quite widely divided on exactly how much rapeseed there is in the UK this year.

CBOT Closing Comments - Friday

August soybeans closed at $10.09 ½, up 33 ½ cents, with November beans following suit at $9.23 ½, also up 33 ½ cents.

EU Wheat Ends Friday Narrowly Mixed

EU wheat futures closed the week a narrowly mixed in quite trading conditions.

Chicago Closing Comments - Thursday

August soybeans finished 44 1/2 cents lower at $9.76, and November soybeans closed 14 1/2 cents lower at $8.90.

EU Wheat Follows America Lower Thursday

EU wheat futures continued to be heavily influenced by US and outside markets Thursday, ending with Paris November milling wheat down EUR1 at EUR144.50/tonne, and London November feed wheat GBP1 lower

UK Rapeseed Production Seen Down 20 Percent

The EU-27 will produce 17.92 MMT of rapeseed in 2009/10, say Copa-Cogeca. That's a reduction of around 900,000 MT, or 4.7%, on last season.

Chicago Closing Comments - Wednesday

August soybeans ended 14 cents lower at $10.20 1/2, despite having traded more than 40 cents higher than that earlier in the session.

EU Wheat Ends Higher Wednesday

EU wheat futures closed higher Wednesday as sellers withdrew from the market.

Chicago Closing Comments - Tuesday

August soybeans closed at $10.34 ½, up 16 cents, November bans at $9.18, up 6 ½ cents. July Soybeans expired at $10.74, a 40 cent premium to the August contract, which is the next spot month.

EU Wheat Ends Lower Tuesday

EU wheat futures closed slightly lower Tuesday with Paris November milling wheat down EUR1 at EUR143.50/tonne, and London November feed wheat closing down GBP1 at GBP112/tonne.

Latest News

Upcoming events

  • No upcoming events available

Newsletter

Market Info Blog