January, 2010

EU wheat continues to slide gently lower, after much of the quick-fire damage was done in the aftermath of the USDA report a fortnight ago.

March soybeans ended 11 cents lower at USD9.40 1/2 a bushel, March soymeal settled at USD3.40 lower at USD283.00, and March soyoil fell 21 points to 36.50 cents per pound.

EU wheat futures closed flat around unchanged levels in a quiet start to the trading week Monday.

March soybean futures closed at USD9.51 ½, down 2 ½ cents, March soymeal futures at USD286.40, down USD1.10, and March soy oil futures at 36.71, down 0.29 points.

After one day of brief respite, EU wheat futures continued their downwards slide Friday closing lower for the eighth session out of the last nine.

March soybean futures closed at USD9.54, up 4 cents, March soymeal futures at USD287.50, up USD1.30, and March soy oil futures at 37.00, up 43 points.

EU wheat closed higher for the first day in eight with Paris March milling wheat ending up EUR1.50, at EUR127.25/tonne, and London May feed wheat closing up GBP1.35 at GBP104.75/tonne.

March soybean futures finished at USD9.50, down 13 ½ cents, March soymeal futures at USD286.20, down USD4.70, and March soy oil futures at 36.57, down 58 points.

EU wheat futures closed flat to mostly lower with March London wheat ending down GBP0.90 at GBP100.25/tonne and March Paris wheat unchanged at EUR125.75/tonne.

March soybean futures finished at USD9.63 ½, down 10 ½ cents, March soymeal futures at USD290.90, down USD0.80, and March soy oil futures at 37.15, down 38 points.

EU wheat futures continued to drift lower Tuesday with March London wheat closing GBP1.10 lower at GBP101.15/tonne, and Paris March wheat ending down EUR0.25 at EUR125.75/tonne.

EU wheat closed lower for the fifth straight session Monday with Paris March milling wheat ending down EUR1.25 at EUR126.00/tonne, and London March feed wheat closing down GBP1.75 at GBP102.25/tonne.<

March soybean futures closed the day at USD9.74, down 10 cents, March soymeal futures at USD291.70, up USD1.30, and March soy oil futures at 37.53, down 100 points.

EU wheat futures closed lower again Friday with Paris March milling wheat ending down EUR1.25 at EUR127.25/tonne, and London March feed wheat closing down GBP1.70 at GBP104.00/tonne.

Although planting of soybeans has only just been completed in some parts of Brazil, the harvest is already underway in other areas.

January soybean futures expired today at USD9.68 ½, down 15 cents, with March beans closing at USD9.84, down 8 ½ cents.

EU wheat futures closed lower with Paris March milling wheat ending down EUR0.25 at EUR128.50 a/tonne, and London May feed wheat closing down GBP0.80 at GBP108.20/tonne.

January soybean futures closed at USD9.83 ½, up 14 cents, January soymeal futures ended at USD300.50 up 5.10 points, and January soy oil futures at 38.63, up 37 points.

EU wheat futures closed lower Wednesday, although things could have been much worse in the aftermath of Tuesday's bearish USDA production and stocks numbers.

Corn futures closed locked in limit down with March corn futures at USD3.92 ½, down 30 cents, and May corn futures at USD4.03, also down 30 cents.

EU wheat futures closed sharply lower Tuesday following bearish stocks and production data from the USDA.

January soybean futures closed at USD10.01 ¾, down 11 ¼ cents, January soymeal futures at USD304.70, down 2.10 points, and January soy oil futures at 39.19cents, down 34 points.

EU wheat futures closed very narrowly mixed Monday with Paris March milling wheat ending unchanged at EUR133.75/tonne, and January London feed wheat closed up GBP0.25 at GBP107.50/tonne.

January soybean futures closed at USD10.13, down 4 ¾ cents, January soymeal futures at USD306.80, down 0.20 points, and January soy oil futures at 39.53, down 46 points.