Chicago Agriculture Commodities Finished Mixed Tuesday

Posted by: : Paul EbelingPosted on: February 25, 2015 Chicago Agriculture Commodities Finished Mixed Tuesday
 

Chicago Agriculture Commodities Finished Mixed Tuesday

$WEAT, $CORN,$SOYB

Chicago Board of Trade (CBOT) agriculture commodities closed mixed  Tuesday with Corn and Wheat falling, and Soybean rising.

The most active Corn contract for May delivery fell 1.25 cents, or 0.32%, to close at 3.855 bu.

Soybean for May delivery gained 17.25 cents, or 1.72%, to close at 10.1875 bu.

Wheat for May delivery dropped 0.25 cents, or 0.05%, to close at 5.0375 bu.

Soybean rose to a 6-wk high on worries about supply disruption triggered by a trucker strike in Brazil. However, the crop came off highs as reports emerged that a federal judge is expected to rule  Tuesday or Wednesday on the government’s request for a cooling off period with big penalties for blocking roads.

Analysts said Brazilian sources are confident that truckers would soon go back to work which should allow for improved transit across Brazilian highways for commerce.

The outlook remains Bearish as China returns from holiday Wednesday. Analysts said that they doubted that crushers will chase Soybean with new purchases. China still has a huge supply of Soybean and was an active buyer before the Lunar New Year, they said.

Rain across north and central Brazil, the major Soybean production state, was stalling harvests and kept supply tight, offering additional support for Soybean.

Agriculture Commodity Prices

Commodity Units Price Change % Change Contract Time(EST)
CBOT Corn USd/bu. 385.75 +0.25 +0.06% May 15 02:45:00
CBOT Wheat USd/bu. 501.25 -2.50 -0.50% May 15 02:44:34
CBOT Oats USd/bu. 273.25 +0.50 +0.18% May 15 01:30:29
CBOT Rough Rice USD/cwt 10.67 -0.05 -0.42% May 15 22:50:20
CBOT Soybeans USd/bu. 1,014.75 -4.00 -0.39% May 15 02:42:58
CBOT Soybean Meal USD/st 342.80 -2.90 -0.84% May 15 02:47:41
CBOT Soybean Oil USd/lb. 31.82 +0.21 +0.66% May 15 02:47:58
ICE Canola CAD/mt 469.60 -0.10 -0.02% May 15 22:38:47
Commodity Units Price Change % Change Contract Time(EST)
ICE Cocoa USD/mt 3,017.00 +16.00 +0.53% May 15 13:29:58
ICE Coffee “C” USd/lb. 148.90 +0.65 +0.44% May 15 13:29:58
ICE Sugar #11 USd/lb. 14.15 +0.02 +0.14% May 15 12:59:59
ICE Orange Juice Conc USd/lb. 123.95 -2.05 -1.63% May 15 14:00:00
ICE Cotton #2 USd/lb. 64.95 +0.04 +0.06% May 15 02:46:45
SFE Greasy Wool cents/kg -% Apr 15
CME Lumber USD/tbf 289.40 -0.80 -0.28% May 15 20:14:01
TOCOM Rubber JPY/kg 216.10 +0.20 +0.09% Aug 15 02:47:30
CME Ethanol USD/gal. 1.40 -0.03 -1.90% Apr 15 15:03:04
Commodity Units Price Change % Change Contract Time(EST)
CME Live Cattle USd/lb. 145.58 0.00 0.00% Apr 15 16:59:58
CME Feeder Cattle USd/lb. 195.60 0.00 0.00% Mar 15 16:58:02
CME Lean Hogs USd/lb. 68.58 0.00 0.00% Apr 15 16:59:31

Agriculture commodities trade on different exchanges with different trading sessions, change always shows from the prior day’s closing price.

Stay tuned…

HeffX-LTN

Paul Ebeling

The following two tabs change content below.

Paul Ebeling

Pattern Recognition Analyst, equities, commodities, forex
Paul Ebeling is best known for his work as writer and publisher of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly-regarded, weekly financial market letter, where he enjoys an international audience among opinion makers, business leaders, and respected organizations. Something of a pioneer in online stock market and commodities discussion and analysis, Ebeling has been online since 1994. He has studied and worked in the global financial and stock markets since 1984.

Trade FX, Equities and Options with the World's Leading Platform Open an account here , call us at 305 4904 116, or email us to get started.

Research 1 of 6

Miami Luxury Magazine.

mbs 1 Booking.com

Recent News