CBOT Trends-Wheat down 5-9 cents, corn down 4-7, soy down 12-13

Reuters
03-04
CBOT Trends-Wheat down 5-9 cents, corn down 4-7, soy down 12-13

CHICAGO, March 4 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Tuesday.

WHEAT - Down 5 to 9 cents per bushel

* Wheat futures Wv1 fell to a one-month low as retaliatory Chinese tariffs on U.S. farm goods heightened concerns that President Donald Trump's trade policy will disrupt U.S. agricultural exports.

* U.S. President Donald Trump's new 25% tariffs on imports from Mexico and Canada took effect on Tuesday, along with a doubling of duties on Chinese goods to 20%.

* U.S. exporters sold 130,000 metric tons of white wheat to South Korea for 2024/25 delivery on Tuesday, the U.S. Department of Agriculture reported.

* CBOT May soft red winter wheat WK25 was last down 9-1/4 cents to $5.38-1/2 per bushel. K.C. May hard red winter wheat KWK25 was last down 9 cents to $5.53 a bushel and Minneapolis May spring wheat MWEK25 was 5-3/4 cents to $5.85-1/2 a bushel.

CORN - Down 4 to 7 cents per bushel

* Corn futures Cv1 slid to a two-month low as markets braced for fallout from U.S. tariffs against Canada and Mexico. Mexico is one of the largest buyers of U.S. corn.

* The U.S. Department of Agriculture reported export inspections of U.S. corn in the latest week at 1,351,373 metric tons, toward the high end of a range of trade expectations for 950,000 to 1,400,000 tons. USDA/I

* CBOT May corn CK25 was last down 7-3/4 cents to $4.48-1/2 per bushel.

SOYBEANS - Down 12 to 13 cents per bushel

* Soybean futures Sv1 also fell as worries over prolonged trade disputes and a bumper South American harvest weighed on prices.

* China, the world's largest soybean buyer, retaliated against fresh U.S. tariffs on Tuesday, announcing 10%-15% hikes to import levies covering a range of American agricultural and food products.

* U.S. exporters sold 20,000 metric tons of soybean oil to unknown destinations for 2024/25 delivery on Tuesday, the USDA reported.

* CBOT May soybeans SK25 were last down 13-1/4 cents to $9.9801/4 per bushel.

(Reporting by Heather Schlitz; Editing by Tasim Zahid)

((Heather.Schlitz@thomsonreuters.com;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10