Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Grains, Soy Called to Open Lower as Rains Aid Global Crops

What follows are opening calls for U.S. grain and oilseed markets.

-- Wheat futures may open 4 cents to 5 cents a bushel lower on the Chicago Board of Trade, the Kansas City Board of Trade and the Minneapolis Grain Exchange on speculation that rains next week will aid winter crops in the southern U.S. Great Plains after snow boosted soil moisture this week across the northern spring-wheat belt, Greg Grow, the director of agribusiness for Archer Financial Services Inc. in Chicago, said in a telephone interview.

-- Corn futures are called to open 2 cents to 4 cents a bushel lower in Chicago as rains from South Dakota to Ohio will begin to replenish depleted soil moisture ahead of spring planting next month, Grow said.

-- Soybean futures may open 4 cents to 6 cents a bushel lower on the CBOT as rain in the past week and more forecast during the next seven days will improve yield potential of crops in South America, slowing demand for U.S. supplies, Grow said. Soybean-oil futures are expected to open 0.05 cent to 0.15 cent a pound lower, and soybean-meal futures may open 50 cents to $1.50 lower per 2,000 pounds.

12 p.m. EU Weekly Grain Exports
2 p.m.  USDA Cattle, Hog Slaughter
3 p.m.  ICAC Monthly Cotton Report

-U.S. Exporters Sell 120,000 Tons of Wheat to Iran, USDA Says
-Commodities Give Best Returns First Time Since July on Iran
-Commodity Investments Book $3.7 Billion of Inflows in January
-Man Group Assets Rise in First Two Months as Outflows Slow
-Cooking-Oil Imports by India Seen at Record as Harvests Drop
-Cheap U.S. Corn May Spark China Import Binge: Chart of the Day
-Thai Rice Stocks to Surge as Yingluck Extends Purchase Plan
-France Wheat Output May Fall on Freezing Weather, Agritel Says
-Palm Oil Gains as Prices at One-Week Low Stoke Investor Demand
-Russian Grain Exports May Reach 25.5 Million Tons This Season
-Gold Rebounds Above $1,700 After Bernanke’s Comments Spark Rout
-Brent Oil Rises a Second Day as Iran Risk Counters Supply Gain
-Deere to Expand Large-Tractor Manufacturing in Waterloo, Iowa

-European Stocks, Commodities Rally as Spanish Bonds Advance
-Initial Jobless Claims in U.S. Are Lowest Since March 2008
-U.S. January Consumer Spending Rises 0.2%, Incomes Up 0.3%
-Dollar Falls as Signs of Manufacturing Growth Cut Safety Demand
-China, India Manufacturing Gains Show Momentum in Asia: Economy
-Wen Budget Fuels Growth as Corporate Yields Fall: China Credit
-Euro Ministers Set to Clear Greek Rescue Plan as Leaders Gather
-Europe Manufacturing, Jobless Data Show Region Lagging: Economy
-China’s Holdings of Treasuries Drop for First Time on Record
-Emerging Stocks Fall From 7-Month High on China Policy Concerns
-U.S. Taking a Harder Line on Iran Before Netanyahu Visits

                              Last      %Chg
Corn                         $6.5475    -0.5
CBOT Wheat                   $6.6375    -0.6
Soybeans                     $13.1525   -0.4
Soybean Oil                  $0.5439    -0.1
Soybean Meal                 $351.60    -0.4
WTI Crude Oil                $107.59     0.5
N.Y. Gasoline                $3.2763     0.6
U.S. Dollar Index            78.806      0.1
S&P 500                      1,368       0.2

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.