Page 17 - Global Commodity News Today : Breaking News, Live Updates & Top Stories | Vimarsana

5/24/2021 By Karl Plume CHICAGO, May 24 (Reuters) - Chicago Mercantile Exchange live cattle futures retreated on Monday after U.S. government data showed supplies in feedlots above trade expectations and as some traders worried about demand for beef. The U.S. Department of Agriculture (USDA) said late on Friday that May 1 on-feed cattle supplies stood at 105% of a year earlier, the second-highest ever for that date and above forecasts for 103.9%. Cattle placements during April also topped market expectations. The report reflected changes from an uncertain market last spring at the start of th...

Synopsis A lag between the withdrawal of credit and stimulus from the economy and its impact on China’s raw material purchases may mean that markets haven’t yet peaked. iStock Some sectors have seen policy push an expansion in capacity, such as Beijing’s move to grow the country’s crude oil refining and copper smelting industries. One pillar of this year’s blistering commodities rally -- Chinese demand -- may be teetering. Beijing aced its economic recovery from the pandemic largely via an expansion in credit and a state-aided construction boom that sucked in raw materials from acr...

4/8/2021 * Corn supported by low ethanol stocks, continued exports * Soy steady ahead of USDA supply and demand report (Updates closing prices) By Christopher Walljasper CHICAGO, April 8 (Reuters) - U.S. corn futures climbed on Thursday on export optimism and positioning ahead of the U.S. Agriculture Department's monthly supply and demand report, out on Friday, traders said. Wheat gained as frigid temperatures across Europe and the Black Sea region threatened crops. Soybeans were also firmer. The most-active corn contract on the Chicago Board of Trade added 19-1/4 cents to $5.79-3/4 per bushe...

4/9/2021 * Brisk demand and weather risks in focus * Wheat futures firm on tight stocks * Soybeans fall on S. American production increase (Adds U.S. supply and demand assessment; updates byline, dateline previously PARIS/SINGAPORE) By Christopher Walljasper CHICAGO, April 9 (Reuters) - Chicago corn edged higher on Friday, briefly climbing above recent 7-1/2 year highs before pulling back after the U.S. assessed global supply and demand within analyst estimates. Wheat strengthened with corn as global supply shrank on Chinese feed consumption, while soybeans eased on larger stocks in South Ame...

4/8/2021 * Corn supported by low ethanol stocks, continued exports * Soy steady ahead of USDA supply and demand report (New throughout; updates byline, changes dateline) By Christopher Walljasper CHICAGO, April 8 (Reuters) - U.S. corn futures climbed on Thursday on export optimism and positioning ahead of the U.S. Agriculture Department's monthly supply and demand report, out Friday, traders said. Wheat gained as frigid temperatures across Europe and the Black Sea region threatened crops. Soybeans were also firmer. The most-active corn contract on the Chicago Board of Trade added 20-3/4 cents...