Login ID:
Partner Login
Contact Us : 7066511911

CBOT soybean futures settle firm, soyoil slips

3 Dec 2022 8:33 am
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai, Dec 3 (Commoditiescontrol) CBOT soybean futures settled a tad up on Friday after a steep selloff the previous session related to disappointing U.S. biofuels targets.

CBOT January soybeans settled up 8-3/4 cents to $14.38-1/2 per bushel.

January soyoil lost 2.16 cents to settle at 65.22 cents per pound. CBOT January soymeal added $2.50 to $424.10 per short ton.

As per the trade analysts, soybeans were consolidating after finding technical support just above Thursday's low of $14.25-1/4.

Statistics Canada lowered its estimate of the country's canola crop to 18.2 million tonnes from 19.1 million previously.

Prolonged drought in Argentina has left over a third of early planted soybeans in the country's core farming region in regular-to-poor condition, the Rosario grains exchange said late Thursday.

  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  

Top | Post Comment  

Latest Market Commentary
Kandla Vessel Line Up ( Veg Oil ) - 30 JAN 2023
DCE Oil Complex Mid Day Closing 30 Jan 2023
Soy Complex Soybeans (CBT) Consolidating in a Wide ...
Soy Complex Soybean Oil (CBT) Weak Price Trend / Ne...
Soy Meal (CBT) Consolidating Near Multi-month Highs /...
Top 5 News
Kandla Vessel Line Up ( Veg Oil ) - 30 JAN 2023
Malaysia Rubber Physical Prices (Sen/Kg) 30 January ...
Shanghai Rubber Price 30 January , 2023
Thailand Rubber F.O.B. Offer Prices 30 January , 202...
Top 5 Special Reports
Kabuli Chana (Indore) Trending Higher / Next Resistan...
Mustard Cake (Jaipur) Trending Lower / Next Support a...
Week Ahead: Mills buying at lower rates may support Tur...
Week Ahead: Moong may find support at lower rates on mi...
Week Ahead: Chana prices may find support at lower leve...
Copyright © CC Commodity Info Services LLP. All rights reserved.