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February, 2010

EU Wheat Closing Comments

London feed wheat closed Thursday with March GBP0.35 higher at GBP98.85/tonne, and Paris March wheat ends EUR0.25 higher at EUR125.50/tonne.

China's Appetite For Soybeans Continues Unabated

China's National Grain and Oils Information Centre sees the country's appetite for soybeans continuing unabated in the first quarter of 2010.

Chicago Loses Tuesday's Gains And Then Some

March soybean futures closed at USD9.08, down 17 ½ cents, March soymeal futures ended at USD268.90, down USD4.70, and March soy oil futures at 36.90, down 57 points.

EU Wheat Gives Up Early Gains

EU wheat closed flat to mostly lower, reversing early gains as US futures came in sharply lower in afternoon trade.

Chicago Closing Comments

March soybean futures ended at USD9.25 ½, up 15 ¾ cents, March soymeal futures at USD273.60, up USD1.80, and March soy oil futures at 37.47, up 128 points.

EU Wheat Closing Comments

London feed wheat closed higher Tuesday with March ending up GBP0.90 at GBP98.40/tonne, and Paris March wheat closing up EUR0.50 at EUR126/tonne.

Chicago Closing Comments - Monday

March soybean futures settled at USD9.09 ¾, down 4 1/4, March soymeal futures were at USD271.80, down USD2.00/tonne, and March soyoil futures at 36.19, up 4 points.

EU Wheat Arrests Recent Decline Monday

London wheat managed to post a rare higher close Monday with March ending up GBP0.45 at GBP97.50/tonne, and Paris March wheat closing unchanged at EUR125.50/tonne.

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