« Return to Headlines

Soybeans in the Red at Midday
BRUG - Tue Sep 17, 12:18PM CDT

Soybeans futures trading 8 to 8 1/2 cents lower at midday. Soybean meal is down $3.50/ton, with soy oil 8 points lower. USDA reported another private export sale of 260,000 MT of 19/20 soybeans to China this morning, the third in as many days and bringing the total to 720,000 MT. USSEC indicated that China may be in the market for 1 to 3 MMT, not just the 600,000 MT rumored last Thursday. That said, they were buying 30 MMT or more per year before the trade war. NASS reported that 95% of the US soy crop is setting pods and 15% dropping leaves (lagging the 38% avg) as of 9/15. Condition ratings slipped 1% to 44%, with the Brugler500 index down 5 points to 345.

NOV 19 Soybeans are at $8.91 1/2, down 8 1/2 cents,

JAN 19 Soybeans are at $9.05 1/2, down 8 1/4 cents,

MAR 20 Soybeans are at $9.17 1/2, down 8 1/4 cents,

MAY 20 Soybeans are at $9.28 1/2, down 8 cents,

OCT 19 Soybean Meal is at $291.70, down $3.50,

OCT 19 Soybean Oil is at $30.06, down $0.08

-- provided by Brugler Marketing & Management

« Return to Headlines

Not logged in - Login
Get real-time data

Font size:   A   A   A   A   •   Refresh:   On   Off

Last Update: 14:04:02 CST

 
 
 
 
 
Visit Our Main Website