vimarsana.com

Page 3 - புஏனோஸ் ஐரிஸ் தானிய பரிமாற்றம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Grain Outlook: Ethanol production hits 15-week high

The following marketing analysis is for the week ending April 9. CORN — A return from the long Easter holiday weekend saw old crop corn test support levels, only to fight back throughout the week and into the April World Agriculture Supply and Demand Estimates report. Old crop corn staged a big rally on April 8 as fund buying surged on little fresh news.  December corn moved sideways in the first half of the week and was able to stay above the gap higher left from post-March 31 report trading. In post WASDE report trading on the continuous corn chart, we reached the highest price since July 2013!

3 Big Things Today, March 15, 2021

2. Speculative Investors Raise Net-Long Positions in Corn and Beans Money managers raised their net-long positions, or bets on higher prices, in corn and beans last week while reducing their bullish positions in wheat, according to the Commodity Futures Trading Commission. Investors increased their bullish bet in corn to a net 338,982 futures contracts in the seven days that ended on March 9, the CFTC said in a report. That’s up from 330,839 contracts a week earlier. Speculators also bumped their net longs in soybeans to 146,538 futures contracts last week, the agency said. That’s up from 143,329 contracts the previous week. Adverse weather in parts of Brazil and Argentina are keeping some investors bullish on the commodities.

The Commodities Feed: OPEC sees stronger oil demand in 2H21 | Hellenic Shipping News Worldwide

The Commodities Feed: OPEC sees stronger oil demand in 2H21 Energy Crude oil prices traded firm yesterday on healthy gasoline demand in the US and an overall constructive report from OPEC. The group now expects global oil demand to increase by 5.89MMbbls/d YoY in 2021 as compared to its estimate last month of 5.79MMbbls/d. OPEC expects the demand recovery to be much stronger over the second half of 2021 as vaccines are now widely available and administered. The ongoing lockdown measures in Europe could continue to weigh on demand in the short term. The group also revised higher its demand estimates for 2020 and reported that demand may have fallen by 9.60MMbbls/d last year, as against its previous estimates of 9.72MMbbls/d

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.