Tuesday, March 31, 2009

CBOT Soy Review: Lower; Econ Woes, Void Of Fresh Support

Soybean futures on the Chicago Board of Trade settled lower Monday, succumbing to selling pressure associated with economic woes and a lack of fresh supportive news.

Read also in category "Soy market news":

MARKET TALK: CBOT Soy Pdts Stumble In Unison With Soybeans

CBOT soy product futures ended lower, stumbling in unison with soybeans.
MARKET TALK:CBOT Soybeans Stumble; Econ Woes,Support Lacks

CBOT soybean futures settled lower, succumbing to selling pressure associated with economic woes and a lack of fresh supportive news.
MARKET TALK: CBOT Soybeans Sustaining Weakness Down Stretch

CBOT soybeans are sustaining weakness heading down stretch, as the absence of fresh support keeps sellers in command
MARKET TALK: CBOT Soybeans Pinned Lower On Outside Pressure

CBOT soybeans stay planted in negative territory, with bearish economic outlooks casting a bearish cloud over the market.
MARKET TALK: CBOT Soybeans Stumble On Outside Mkt Weakness

CBOT soy futures stumbled out of the starting blocks Monday, succumbing to bearish outside market influences.
CBOT Soy Outlook: Lower; Economic Woes, Lacks Fresh Support

Chicago Board of Trade soybean futures are poised for a lower start to Monday's day session, with economic woes and an absence of fresh supportive news weighing on the market.
US Cash Grain Outlook: Mkt Preparing For Big USDA Crop Report

The US cash grain market Monday was actively anticipating release of prospective planting and grain stocks reports from the USDA, amid an environment of uneven basis and faltering futures prices.
Brazil Soy Export Premiums And Discounts - Mar 27

Premiums and discounts for soybeans at Paranagua port, Brazil, against Chicago Board of Trade quotes.
MARKET TALK: Large Specs Add Length In CBOT Soybeans

Large speculative traders now hold 17,176 net long positions in CBOT soybean futures and options combined contracts as of March 24, compared with net shorts of 970 in the previous week, according to the Commodity Futures Trading Commission in its supplemental commitments of traders report.
Argentina Port Trade-Weighted Grain,Oilseed FOB - Mar 27

Free-on-board prices in U.S. dollars per metric ton.
MARKET TALK: India Soybean Futures End Down On Global Cues

India April soybean contract on NCDEX erases early gains and provisionally ends down 0.2% at INR2,343/10 kg, tracking global markets, on reports government extended stock limits on edible oils until Sept. 30.
European Veg Oil AM Soft Oil Prices - Mar 30 at 1330 local time at 1330 local time

Lowest known offers at 1330 local time in U.S. dollars a metric ton, bulk, with changes on the day unless otherwise stated as quoted by European traders:
Technical Analysis: US Soy Complex Futures - Mar 30

May soybeans on Friday closed lower, near the session low, hit a fresh two-week low and closed at a bearish weekly low close.
China Soybean Futures Settle Down On Cash Prices, USDA Report

Soybean futures traded on China's Dalian Commodity Exchange settled lower Monday on declines in local cash prices and in Chicago Board of Trade futures Friday, and expectations of greater supply from the U.S. this year.
MARKET TALK: India Soybean Futures Up 0.5%; Weak Supplies

India April soybean contract on NCDEX up 0.5% at INR2,358/100 kg, tracking firm overseas markets, decline in local supplies.
MARKET TALK: India Soybean Futures Likely Down; Rapeseed Supply

India soybean futures likely to open slightly lower on end of farmers' strike in Argentina, high rapeseed arrivals in local markets.


Read more on Palmoil.com homepage [www.palmoil.com]

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