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October, 2009

EU Wheat Closes Lower Friday

EU wheat futures continued to mimic Chicago wheat, closing lower Friday with November London feed wheat ending down GBP0.75 at GBP102.00/tonne and Paris November milling wheat EUR3.00 lower at EUR126.

Chicago Closing Comments - Friday

November soybean futures closed at $9.78 down 7 ½ cents, December soymeal futures at $297.00, up $1.70 and December soyoil futures at 36.40 cents, down 1.12 points.

Chicago Markets Close Higher Across The Board

November soybean futures closed at $9.85 ½, up 17 cents, December soymeal at $295.30, up $4.00 and December soyoil at 37.52 cents, up 66 points.

EU Wheat Halts Recent Slide, Follows US Market Higher

EU wheat closed higher, following the US market once again with November London feed wheat ending up GBP2.25 at GBP102.75/tonne and Paris November milling wheat EUR2.25 higher at EUR129.75/tonne.

Chicago Slips

November soybeans closed at $9.68 ½, down 5 cents, December soymeal at $291.30, up $3.70, and December soyoil at 36.86, down 62 points.

EU Wheat Slides Lower

EU wheat futures continued to slide Wednesday with Paris November milling wheat futures ending down EUR0.25 at EUR127.50/tonne, and London November feed wheat closing down GBP1.25 at GBP100.50/tonne.<

Chicago Closes Lower On Weather/Dollar Tuesday

November soybean close at $9.73 ½, down 13 cents, December soybean meal at USD287.60, down USD7.20 and December soybean oil at 37.48, down 15 points.

EU Wheat Market Follows US Lower

EU wheat futures followed the US market lower Tuesday, with Paris November milling wheat futures ending down EUR1.25 at EUR127.75/tonne, and London November feed wheat closing down GBP1.75 at GBP101.7

Chicago Starts Week Sharply Lower

November soybean futures closed at $9.86 ½, down 19 ½ cents, December soymeal futures at $294.80, down $8.50, December soy oil futures closed at 37.63 cents, down 31 points.

EU Wheat Ends Lower Monday

EU wheat began the week in consolatory mode after posting significant gains over the past few weeks.

Chicago Trims Gains Late In Session

November soybeans closed at $10.06, up ½ cent, December soybean meal at $303.30, up $2.50 and December soybean oil at 37.94, down 36 points.

EU Wheat Hits Three Month Highs

EU wheat futures extended their gains Friday, with November Paris milling wheat up EUR0.50 at EUR132.00/tonne, and London November feed wheat ending GBP2.00 higher at GBP105.50/tonne.

Chicago Closing Comments - Thursday

November soybean closed at $10.05 ½, down 3 cents, December soybean meal at $300.80, up $2.10, and December soybean oil at 38.30, down 26 points.

EU Wheat Ends Higher Again Thursday

EU wheat futures closed higher again Thursday, with November Paris milling wheat up EUR1.75 at EUR131.50/tonne, and London November feed wheat ending GBP1.50 higher at GBP103.50/tonne.

Crude Oil Sets New 2009 High

Crude oil futures set a fresh high for the year Wednesday, with new front month December closing at USD 81.37/barrel, after earlier hitting USD 82/barrel.

Chicago Futures Close Sharply Higher

November soybean closed at $10.08 ½, up 26 cents, December soybean meal at $298.70 up $6.20, December soybean oil at 38.56, up 1.09 points.

EU Wheat Ends Flat To Higher

EU wheat futures closed flat to slightly higher Wednesday, with November Paris milling wheat up EUR2 at EUR129.75/tonne, and London November feed wheat ending unchanged at GBP102/tonne.

Chicago Slumps Lower Despite Delayed Harvest

November soybean futures closed at $9.82 1/2, down 13 3/4 cents; December soymeal futures at $292.50, down 5.80 points and December soy oil futures at 37.47 cents, down 12 points.

EU Wheat Ends Higher Tuesday

EU wheat futures closed a little higher Tuesday with Paris November milling wheat closing up EUR0.25 at EUR127.75/tonne, and London November feed wheat ending up GBP0.75 at GBP102/tonne.

Chicago Closes Higher Monday

November soybeans finished at $9.96 ¼, up 18 ¾ cents, December soymeal futures finished at $298.30, up $3.60, December soy oil futures finished at 37.59 cents, up 65 points.

EU Wheat Begins Week In Firmer Mode

EU wheat began the week on a firmer footing with Paris November milling wheat closing up EUR1.25 at EUR127.75/tonne, and London November feed wheat finishing up GBP0.75 at GBP101.25/tonne.

EU Dairy Farmers To Get EUR280 Million Aid

Outward-bound EU Farm Commissioner Mariann Fischer Boel has "emptied out her pockets" and announced EUR280 million in aid to it's beleaguered dairy farmers.

Chicago Closes Lower Friday

November soybean finished at $9.77 ½, down 5 ½ cents December soymeal at $294.70, down $1.50 and December soybean oil at 36.94, down 16 points.

Wheat Market Dominated By Fluctuating Pound

EU wheat closed a volatile week mostly lower Friday with November Paris milling wheat down EUR0.25 at EUR126.50/tonne, and London November feed wheat ending down GBP0.30 at GBP100.50/tonne.

Chicago Closing Comments - Wednesday

November soybeans closed at 9.94, up 1 cent October Soybean Meal at 336.00, up 9.70 points October Soybean Oil at 35.95, up 9 points.

EU Wheat Ends Slightly Lower On Currency

EU wheat closed lower Wednesday with November Paris milling wheat futures down EUR0.25 at EUR128/tonne, and London November feed wheat closing down GBP1.45 at GBP103.25/tonne.

Chicago Closing Comments - Tuesday

November soybeans closed at 9.93, down 6 cents October Soybean Meal at 326.30, up 3.50 points October Soybean Oil at 35.86, down 44 points.

EU Wheat Continues To Edge Higher

EU wheat continued to edge higher Tuesday with November Paris milling wheat ending up EUR0.50 at EUR128.25/tonne, and London November feed wheat closing up GBP1.45 at GBP104.70/tonne.

Chicago Closes Mixed After USDA Numbers

December corn futures settled at $3.62 ¼, down 1 ¾ cents. The USDA forecast the US 2009 corn crop at the second highest in history at 13.018 billion bushels with an average yield of 164.2 bu/acre.

EU Wheat Ends Flat/Slightly Lower On USDA Numbers

EU wheat futures closed flat to slightly lower Friday in the aftermath to the USDA's October Supply & Demand and stocks reports.

Chicago Closes Sharply Higher

Nov soybeans finished at $9.36, up 24 cents, Oct soymeal finished at $302.70, up $12, and Oct soy oil finished at 34.28 cents, up 55 points.

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