World Perspectives
feed-grains wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt’s GASC has announced that future wheat tenders will be paid by letters of credit on sight terms. Financial support from the Islamic Trade Finance Corporation has made the new payment terms possible, and this is expected to lower the price of wheat. One trader was quoted as saying that wheat tender prices could be reduced by as much as $6/MT. Egyptian corn buyers have reportedly switched a good share of their business from the Black Sea to Brazil with four or five Panamax vessels said to be on the way from the latter. This has more to do with availability than price since both Ukraine and Argentina are not able to meet Egypt’s monthly demand for about 700,000-800,000 MT...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Market Commentary: Grain Bulls Emerge from Hibernation

Usually, one discusses bears - not bulls - emerging from hibernation, but the somewhat discongruous title of today's report is an accurate image of Wednesday's market activity. The CBOT turned sharply higher at mid-week with corn, the soy complex, wheat, and livestock futures all posting strong...

feed-grains soy-oilseeds wheat

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Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Grain Bulls Emerge from Hibernation

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feed-grains soy-oilseeds wheat

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Sep 25 Corn closed at $4.18/bushel, up $0.12 from yesterday's close.  Sep 25 Wheat closed at $5.64/bushel, up $0.15 from yesterday's close.  Nov 25 Soybeans closed at $10.48/bushel, up $0.2075 from yesterday's close.  Dec 25 Soymeal closed at $290.8/short ton, up $3.2 from yester...

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