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EU oil pricing probe spurs lawsuit against BP, others
ReutersNEW YORK/CHICAGO (Reuters) - A Chicago-based commodities trading firm has filed suit against three of the world's largest oil companies, accusing them of colluding to fix oil prices after European authorities opened an investigation last week. Prime...Tags: Commodity Markets, Prices, Corporate Crime, Trials, Anti Trust Crime
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U.S. Cash Soymeal-Rail offers sag as crushers buy beans
ReutersMay 23 (Reuters) - Soymeal spot basis offers fell at rail points on Thursday in response to an influx of soybean movement into processors, while truck offers held steady after falling earlier this week, dealers said. * Rail offers at Decatur, Illinois,...Tags: Frankfort
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CBOT early calls: Wheat up 3-5 cents, corn dn 1-2, soy dn 1-2
ReutersMay 23 (Reuters) - Following are U.S. trade expectations for the reopening of the Chicago Board of Trade grain and soy complex trading at 8:30 a.m. CDT (1330 GMT) on Thursday. WHEAT - Up 3 to 5 cents per bushel Short-covering and bargain buying after the...Tags: Upstream Oil and Gas Activities
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CIF Gulf Grain-Spot soybean bids ease, corn basis steady to firm
ReutersMay 23 (Reuters) - Basis bids for soybeans shipped by barge to the U.S. Gulf Coast were steady to lower early on Thursday, continuing a recent slide as accelerated farmer selling and limited demand for near-term export shipments weighed on the market,...Tags: Brazil, Exports, Arable Farming
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U.S. Cash Grains-Soy bids tumble further, corn steady/weak
ReutersMay 23 (Reuters) - Spot basis bids for soybeans ratcheted lower again on Thursday in the U.S. Midwest, reflecting increased country movement into processing locations this week, dealers said. * Strength in the Chicago Board of Trade July/November...Tags: Environmental Issues, Renewable Energy, Biofuels, Ethanol
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U.S. Plains HRW Wheat-Basis bids steady-firm, slow selling
ReutersMay 22 (Reuters) - Cash bids for hard red winter wheat were steady to firm in the southern U.S. Plains on Wednesday, supported by a lack of farmer offerings as producers in Kansas and Oklahoma waited for harvest, dealers said. * The basis firmed 10...Tags: Southern U.S. Storms (2011), Arable Farming
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CBOT early calls: Wheat up 3-4 cents, corn up 2-3, soy mixed
ReutersMay 22 (Reuters) - Following are U.S. trade expectations for the reopening of the Chicago Board of Trade grain and soy complex trading at 8:30 a.m. CDT (1330 GMT) on Wednesday. WHEAT - Up 3 to 4 cents per bushel Short-covering after the price decline... -
CIF Gulf Grain-Corn basis steady-firm as China buys new crop
ReutersMay 22 (Reuters) - Basis bids for corn shipped by barge to the U.S. Gulf Coast were steady to firm early on Wednesday on tight nearby supplies and good demand for autumn shipments amid large export purchases by China, traders said. * CIF soybean basis...Tags: Brazil, China, Arable Farming
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CIF Gulf Grain-Corn, soy bids steady-lower on weak spot demand
ReutersMay 21 (Reuters) - Basis bids for soybeans shipped by barge to the U.S. Gulf Coast were steady to lower early on Tuesday, pressured by weak demand for near term shipments, traders said. * CIF corn basis bids were also steady to weak on limited demand,...Tags: Brazil, Arable Farming
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CBOT July soybeans to three-month high on tight U.S. supplies
ReutersCHICAGO, May 21 (Reuters) - Front-month July soybean futures on the Chicago Board of Trade extended early gains on Tuesday, rising more than 10 cents a bushel to a new three-month high on tight U.S. old-crop supplies, traders said. As of 11:11 a.m. CDT... -
U.S. Cash Soymeal-Offers mixed amid dull demand, thin supplies
ReutersMay 21 (Reuters) - U.S. soymeal spot basis offers were narrowly mixed on Tuesday as a pickup in farmer sales of soybeans increased crushing supplies, but the available supply of soymeal remained tight in several markets, dealers said. * Producer sales... -
U.S. Cash Grains-Soy bids drop on sales spike, corn mixed
ReutersMay 21 (Reuters) - Soybean spot basis bids plunged across the U.S. Midwest early on Tuesday after historically high cash premiums and the loftiest futures since February spurred increased selling by farmers and country elevators, dealers said. * Bids...Tags: Chicago Weather, Weather, Weather Reports, Environmental Issues, Renewable Energy
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May 21, 2013
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