Exports: Corn sales roller coaster continues
Weather concerns boosted the soy complex in Wednesday trading, and the same factors supporting the corn market powered Wednesday’s soy rebound as well. The soy complex proved weak overnight. Wire service reports cited technical resistance and profit-taking for the slide.
Whatever the reason, the fact that futures declined despite disappointing crop tour results for Iowa and Illinois may bode rather ill for short-term prospects. September soybeans fell 8.25 cents to $13.2475/bushel in early Thursday trading, and November beans dove 18.5 to $12.895. September soyoil edged 0.10 cents higher to 42.92 cents/pound, whereas September soymeal dipped $5.0 to $416.5/ton.
|REPORT||THIS WEEK||LAST WEEK||DIFFERENCE|
|SALES||10 WEEKS||27 WEEKS||THIS YEAR|
- Texas fall armyworms out early due to unseasonable rains
- Scout for western bean cutworm, western corn rootworm in Ohio
- AgSense releases iPad version of its WagNet Mobile app
- Ag markets posted divergent moves again Thursday
- Ag markets remained mixed at midsession Thursday
- Be wary of wheat quality after wet weather
- Don’t link bird decline and use of neonicotinoids
- Look at fertilizer pricing 2013 vs. 2014
- Comments end for Enlist Duo but not the fight
- Solar energy jobs increase, wind power decrease
- Setting the record straight on 'Waters of the U.S.'
- Commentary: Setting the record straight on 'Waters of the U.S.'