Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Futures  >  Chicago Board Of Trade - Floor  >  WHEAT FUTURES (W) - CBR (FLOOR)/C1       


End-of-day quote. End-of-day quote Chicago Board Of Trade - Floor - 08/12
491.25 USc   -0.76%
08/12GRAIN HIGHLIGHTS : Top Stories of the Day
08/12Corn Rises as Traders Stay Cautious Following WASDE
08/12EXPLAINER : How commodity trade finance works
News SummaryAll news

GRAIN HIGHLIGHTS: Top Stories of the Day

share with twitter share with LinkedIn share with facebook
07/07/2020 | 05:37pm EDT



Corn Drops as Weather Bets Waver

Corn for December delivery fell 1% to $3.52 1/2 a bushel on the Chicago Board of Trade Tuesday, with grains traders less optimistic that hot weather would put a dent on abundant crop supplies.

Soybeans for November delivery fell 0.4% to $9.02 1/2 a bushel.

Wheat for September delivery rose 0.4% to $4.95 1/4 a bushel.


Wasde Expected to Show Abundant Grain Supplies -- Market Talk

12:59 ET - The USDA's monthly Wasde report is due out noon ET Friday, and in it grains traders are expecting to see updated production, stockpile and yield data for corn and soybeans. Overall, this updated data is expected to show that US crop supplies will stay abundant this year, even with hot weather this summer drying out soil while crops attempt to grow. "Don't look for anything bullish in the numbers Friday with trend yields likely to project large corn supplies and adequate bean supplies," says Doug Bergman of RCM Alternatives. Corn and soybean futures on CBOT are both trading lower. (kirk.maltais@wsj.com; @kirkmaltais)




Canadian Railway Moves Record Amount of Grain -- Market Talk

14:25 ET - Canadian National Railway says that it moved a record amount of Canadian grains in the first half of 2020--transporting 15M metric tons of grain for the year through June 30. The company says it's on pace to transport 26.9M tons by the end of the year, which would break last years' record of 26.5M tons. "From Canadian farmers to port terminals, these achievements are a testament to the strength of our supply chain and its ability to meet the continued strong global demand for grain," says James Cairns, the company's senior vice president of Rail Centric Supply Chain. CN's record performance comes despite the coronavirus pandemic impacting demand for grains globally. (kirk.maltais@wsj.com; @kirkmaltais)


Grain Export Sales a Concern -- Market Talk

13:48 ET - Despite a strong showing for grain export inspections yesterday, grains traders are still concerned a lack of notices from the USDA about sales of grains over 100,000 metric tons to China means that little in the way of new sales is actually happening. "What has been absent so far this summer is sales to nations other than China," AgResource says. "Covid-19 appears to have a negative impact on world grain trade." Without strong demand from the export market, US farmers may have a tougher time selling their crop, as domestic demand has stayed weak in the US, especially with a resurgence of coronavirus in some states. "The US market lacks a demand driver to push grain/soy upwards," the firm says. (kirk.maltais@wsj.com; @kirkmaltais)


Russian Wheat Cheapest on Offer at Egyptian Tender -- Update

Russian wheat was the cheapest out of a line up of 12 bids at an Egyptian international wheat tender on Tuesday, a trader said.

Russian wheat made up the majority of the bids with the cheapest offer priced at $205 a metric ton for a 55,000-ton cargo and came from GTCS Trading.




Livestock Futures End Day On Downside -- Market Talk

15:31 ET - Livestock futures finish lower--with August live cattle futures on the CME down 0.1% at $1.00 per pound and August lean hog futures off 0.8% to 48.875 cents per pound. Hog futures follow the trajectory of pork cutouts in moving lower--according to the USDA, cutouts altogether have been on the decline this week. Primal loin fell over $3 per hundredweight yesterday, according to the USDA--leaving loin prices at $66.36 per cwt. Hog futures are off 15% in the past month. (kirk.maltais@wsj.com; @kirkmaltais)

Stocks mentioned in the article
ChangeLast1st jan.
CANADIAN NATIONAL RAILWAY COMPANY 0.41% 136.43 Delayed Quote.15.66%
CORN FUTURES (C) - CBR (FLOOR)/C1 0.96% 314.5 End-of-day quote.-18.89%
FEEDER CATTLE?FUTURES (GF) - CMG (ELECTRONIC)/C1 0.65% 146.2 End-of-day quote.-0.57%
LIVE CATTLE (LE) - CMG (ELECTRONIC)/C1 0.12% 106.475 End-of-day quote.-14.72%
SOYBEAN MEAL FUTURES (ZM) - CBE (ELECTRONIC)/C1 0.07% 282.2 End-of-day quote.-5.97%
SOYBEAN OIL FUTURES (ZL) - CBE (ELECTRONIC)/C1 3.03% 32 End-of-day quote.-7.22%
WHEAT FUTURES (W) - CBR (FLOOR)/C1 -0.76% 491.25 End-of-day quote.-12.08%
share with twitter share with LinkedIn share with facebook
All news about WHEAT FUTURES (W) - CBR (F
08/12GRAIN HIGHLIGHTS : Top Stories of the Day
08/12Corn Rises as Traders Stay Cautious Following WASDE
08/12EXPLAINER : How commodity trade finance works
08/12USDA SUPPLY/DEMAND : Crop Summary - Aug 12
08/12USDA SUPPLY/DEMAND : World Wheat - Aug 12
08/12USDA CROP PRODUCTION : U.S. Durum/Other Spring-Aug 12
08/12USDA CROP PRODUCTION : U.S. Winter Wheat-Aug 12
08/12USDA CROP PRODUCTION : U.S. Wheat By Class - Aug 12
08/12USDA SUPPLY/DEMAND : U.S. Wheat And Wheat By Class - Aug 12
08/12USDA SUPPLY/DEMAND : U.S. Feed Grain and Corn - Aug 12
More news
Duration : Period :
WHEAT FUTURES (W) - CBR (FLOOR)/C1 Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends WHEAT FUTURES (W) - CBR (F
Short TermMid-TermLong Term