12/24/2020 Corn holds near 17-month high despite S. America weather Wheat steps back, still near two-month high
(New throughout; updates byline, dateline previously
PARIS/SINGAPORE)
By Christopher Walljasper
CHICAGO, Dec 24 (Reuters) - Chicago soybeans climbed for a
sixth consecutive day as a labor strike in Argentina stalls
through the Christmas holiday, curbing global supply.
Corn rose for a 10th consecutive session, supported by
prolonged South American dryness that could hurt harvest
prospects. Wheat slipped on holiday profit-taking, but held near
two-month highs.
The most-active soybean contract on the Chicago Board of
Trade (CBOT) added 4-1/2 cents to $12.64-1/2 per bushel,
after reaching $12.75 per bushel, its highest since June 23,
U S grains: Soybeans add new highs on Argentine supply disruptions canadiancattlemen.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from canadiancattlemen.ca Daily Mail and Mail on Sunday newspapers.
CHICAGO, Dec 24 (Reuters) - Chicago Board of Trade soybean futures climbed on Thursday, bolstered by tightening global stocks as South American competitors face weather challenges and a port-closing labour strike, traders said. The benchmark CBOT March soybean futures contract gained 4-1/2 cents at $12.64-1/2 per bushel, after reaching $12.75 per bushel, the highest on a continuous basis for the most-active contract since June 23, 2014. New life-of-contract highs were met in all contract months through August 2021.
Labour strike, dry weather may curb Argentina soy supply Corn holds near 17-month high as S. America weather supports Wheat steady near two-month high (Updates with European trading, changes byline/dateline)By Gus Trompiz and Naveen ThukralPARIS/SINGAPORE, Dec 24 (Reuters) - Chicago soybeans on Thursday set a new 6-1/2-year high on concerns that dry crop weather and a labour strike will curb supply from major exporter Argentina.
CHICAGO, Dec 24 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Thursday:NOTE: Thursday is the last trading day for CBOT January options. Trading ends at 12:05 p.m. (1805 GMT) and markets will be closed on Friday for the Christmas Day holiday.WHEAT - Even to up 2 cents per bushel