Page 107 - Demand Estimates News Today

(Adds analyst quote, byline)By Mark WeinraubCHICAGO, Feb 9 (Reuters) - Strong export demand will cut into already tight U.S. supplies of corn and soybeans by more than previously forecast, the U.S. Agriculture Department (USDA) said on Tuesday.If realized, the U.S. corn and soybean stockpiles would be the smallest in seven years before the next U.S. crop is harvested. Forecasts for low supplies have spurred importers and domestic processors to buy up crops ahead of potential shortfalls.

2. Speculative Investors Curb Net-Longs in Grains, Raise Bullish Bets on Beans Speculators reduced their net-long positions, or bets on higher prices, in corn and wheat while slightly raising their bullish bets in soybeans, according to the Commodity Future Trading Commission. Investors held a net-long position of 322,309 corn futures contracts in the week that ended on Feb. 2, down from 341,178 contracts a week earlier, the CFTC said. That’s also the smallest such position since the last...

Corn captures technical bounce.

Its too early for a weather premium, so wheat markets struggle AgweekTVs Michelle Rook and Randy Martinson of Martinson Ag Risk Management talk about the struggles in the wheat market, the flat nature of corn and soybeans and the pent up demand for meat expected to blossom later this year. Written By: Michelle Rook | 4:08 pm, Feb. 5, 2021 It was a flat week for the grains, AgweekTV Anchor Michelle Rook noted on this weeks Agweek Market Wrap. But one grain wasnt...

Wheat finally finds some forward momentum

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(Updates with analyst comment)SHANGHAI, Jan 25 (Reuters) - Chicago soybean and corn futures extended their losses on Monday, following already sharp declines in the previous session, as rains in South American growing regions eased concerns about tight global supplies.Wheat prices also fell, adding to four days of decline.

CBOT agricultural futures in correction CBOT agricultural futures were in correction in the past week following weeks of rallies, Chicago-based research company AgResource noted. Nevertheless, the Chicago company remains bullish on agricultural futures as the U.S. dollar declined on the growing prospect of a new U.S. COVID stimulus package with the U.S. Government debt pile to exceed 30 trillion dollars in the second quarter of 2021. CBOT corn futures settled weaker for the first time in seven ...

The January WASDE (World Agricultural Supply and Demand Estimates) report from USDA saw moderate tightening to the foreign and world cotton balance sheets for the 20/21 marketing year. On the supply side, world beginning stocks were a net 140,000 bales fewer, month over month.  This resulted from modest tightening in West Africa, partially offset by an increase in Bangladesh.  In addition, world production was cut 1.1 million bales, month over month. Most of this adjustment was in ...

CHICAGO, Jan. 23 (Xinhua) -- CBOT agricultural futures were in correction in the past week following weeks of rallies, Chicago-based research company AgResource noted. Nevertheless, the Chicago company remains bullish on agricultural futures as the U.S. dollar declined on the growing prospect of a new U.S. COVID stimulus package with the U.S. Government debt pile to exceed 30 trillion dollars in the second quarter of 2021. CBOT corn futures settled weaker for the first time in seven we...