3/17/2021
(Adds international market context)
BUENOS AIRES, March 17 (Reuters) - Argentine farmers have
sold 11.89 million tonnes of yet-to-be-harvested 2020/21
soybeans, the Ministry of Agriculture said on Wednesday in a
report that included data through March 10.
The dryness that has afflicted the Pampas farm belt will
cost Argentina $2.26 billion in soybean and soy-based
agricultural exports, the Rosario grains exchange said last
week. However, widespread rain storms over recent days have
given relief to farmers worried about lost crop yields.
The exchange expects a 2020/21 soybean crop of 45 million
tonnes.
The South American grains powerhouse is the world s top
exports of soymeal livestock feed and soyoil.
CANBERRA, March 15 (Reuters) - U.S. wheat futures edged lower to hit a one-month low on Monday, as heavy snowfall across a key U.S. growing region aided crops that are beginning a key growth phase.FUNDAMENTALS The most active wheat futures on the Chicago Board Of Trade were down 0.2% at $6.37-3/4 a bushel by 0217 GMT, near the session low of $6.36-3/4 a bushel, its lowest since Feb 12. Wheat closed down 0.6% on Friday. The most active soybean futures were up 0.2% to $14.16-1/4 a bushel, after closing little changed on Friday.
Wheat hits 1-month low as snowfall aids crops in U S key growing region | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Wheat hits lowest since mid-Feb as U.S. winter crop improves Chicago corn, soybean futures ease; lower LatAm production weighs (Adds quotes, China's wheat purchases, CFTC positions)By Naveen ThukralSINGAPORE, March 15 (Reuters) - Chicago wheat futures lost more ground on Monday, with prices dropping to their lowest in more than a month as snowfall across key U.S. growing regions boosted expectations of a bumper crop.Corn and soybeans also fell in Asian trade.
HAMBURG Chicago wheat rose on Monday after earlier hitting its lowest in more than a month as the market assessed the impact of welcome rain and snow across…