Item
Last
Net Chg
CORN SEP0
431.25
-1.75
CORN DEC0
446.00
-1.50
CORN MAR1
459.00
SOYBEANS NOV0
1015.00
6.00
SOYBEANS JAN1
1024.00
5.50
WHEAT JUL1
722.00
7.00
WHEAT DEC0
721.75
8.00
US exports remain very strong, yesterday private exporters reported the sale of 120,000 tonnes of U.S. corn and 100,000 tonnes of U.S. soybeans to Egypt for delivery during the 2010/11 marketing year. U.S. wheat futures led the way again this morning on expectations of increased U.S. shipments after Russia said it would extend its ban -- which had been due for review after Dec. 31 -- until late 2011. Corn was down this morning, coming off 14 month highs yesterday---off news China think its corn output will be higher next year and traders are already starting to position themselves prior to next Fridays USDA S & D report.
In this report, Cargill, Inc has relied on information received from third party sources it believes is reliable but cannot guarantee such reliability. The opinions stated herein are subject to change without notice."Cargill, Inc CONFIDENTIAL and PROPRIETARY. Do not reproduce or distribute. Copyright (C) Cargill, Inc. All rights reserved."
