August, 2009

September soybeans at $11.00, down 35 ¾ cents, and November at $9.79 ½, down 31 ½ .

EU wheat futures edged lower Monday in a relatively quiet trading session, with UK markets closed for the public holiday.

September soybeans closed at $11.35 ¾, up 21 ½ cents, November at $10.11, up 15 cents. September soybeans gained $1.12 from last Friday’s close.

EU wheat futures closed slightly lower Friday, reversing a surprise week of gains to end with Paris November milling wheat futures down EUR1.00 at EUR128.50/tonne, and London November feed wheat down

As anticipated, old crop beans continued to extend the differential between them and new crop.

EU wheat futures continued to nudge a little higher Thursday, with Paris November milling wheat closing EUR0.50 higher at EUR129.50/tonne and London November feed wheat ending up GBP0.50 at GBP101.00/

September beans closed at $10.90 ½, down ½ cents, November finished at $9.96 ½, down 2 ½ cents. Soybean stocks remain tight and demand strong, mainly from China.

EU wheat futures closed the day narrowly mixed Wednesday with Paris November milling wheat down EUR1.75 at EUR129.00/tonne, and London November feed wheat closing up GBP0.50 at GBP100.50/tonne.

The pound has fallen to multi-month lows today as the realisation sinks in the the extent of Britain's QE programme means that interest rates will inevitably stay low for some considerable time.

It was another 'game of two halves' Tuesday with September beans closing at $10.91, up 11 cents, and November beans at $9.99, down 8 ½ cents.

EU wheat futures posted a rare second day of gains Tuesday with November Paris milling wheat futures ending up EUR1.75 at EUR130.75/tonne, and London November feed wheat closing GBP2.00 firmer at GBP1

September beans closed at $10.80, up 57 cents, with November at $10.07 ½, up 34 ½ cents.

EU wheat futures closed higher Monday, with London posting it's biggest one day gain since June 1st, coincidentally the recent market high when November London feed wheat closed at £134.50/tonne.

Having traded higher for most of the day, EU wheat gave up some of those gains by the close to finish the day posting only slightly higher levels.

September beans closed at $10.23, up 23 ¾ cents, with November at $9.73, up 16 cents. A weaker dollar, and firmer crude and equities helped beans today.

September corn closed at $3.18 ½, down 1 ½ cents. and December at $3.24, down 3 ½ cents. Weather remains favourable and losses in crude also limited upside potential.

EU wheat futures closed with little change, in a stalemate between producers and sellers.

EU wheat futures continued their seemingly inexhaustible decline Wednesday, with Paris November milling wheat closing down EUR1.00 at EUR127.25/tonne, and London November feed wheat ending down GBP0.2

Corn prices finished slightly higher, with September corn at $3.14 ½, up ¼ cent, and December closing at $3.22 ½, up ¾ cent.

You know the nearer your destination, the more you're slip sliding away."

September corn closed at $3.14 ¼, down 5 cents, whilst prices were lower this was some way off session lows set earlier in the session.

EU wheat futures continued to stumble lower Monday, on a combination of harvest pressure and weaker US and outside markets like crude oil and equities.

EU wheat futures drifted lower Friday with November Paris milling wheat closing down EUR1.75 at EUR129.75/tonne, and November London feed wheat trading down GBP0.35 at GBP97.75/tonne.

About to expire August soybeans closed at $11.00, down 87 ¼ cents. and November closed at $9.81 ½, down 37 ¼ cents.

According to ADAS, the domestic UK harvest to moved along quite well over the last week, although progress still lags behind the six year average.

August soybeans closed at $11.87 ¼, down 28 ¾ cents, November soybeans finished at $10.65 ¼, down 25 ¼ cents.

EU wheat futures closed nervously higher with November Paris milling wheat trading up EUR0.25 at EUR131.50/tonne, and London November feed wheat closing up GBP0.50 at GBP98.10/tonne.

August soybeans closed at $12.16, down ½ cent, November beans finished at $10.44, up 5 ½ cents.

EU wheat futures closed with little change Wednesday. Paris November milling wheat ended up EUR0.50 at EUR131.25/tonne, and London November feed wheat closed unchanged at GBP97.60/tonne.

August soybeans closed 46 cents higher at $12.16 1/2 a bushel, September settled 30 cents higher at $10.97, and November soybeans ended 28 1/2 cents higher at $10.38 1/2.

EU wheat had a quiet day Tuesday ahead of tomorrow's important USDA crop reports.