Tag archives: PM

Soybeans Climb as Dollar Drops and Trump Keeps Trade Deal Intact

Soybean futures in Chicago advanced as the dollar extended declines and President Donald Trump stopped short of spelling out tough new sanctions against China over Hong Kong and kept the phase one trade deal with Beijing intact. Corn increased, while wheat snapped two days of gains.   The Bloomberg Dollar Spot Index tumbled to the weakest in …

Continue reading “Soybeans Climb as Dollar Drops and Trump Keeps Trade Deal Intact”

Trade Tensions Keep Soybeans Muted

Soybean futures on the Chicago board of trade continued to remain muted on the back of an increasing blame gain from the White house over a phase one trade deal that looked to be the saving grace for U.S farmers after a prolonged stalemate between the U.S and Chinese Government. Global commodities and Soybeans alike …

Continue reading “Trade Tensions Keep Soybeans Muted”

Soybeans Hold Best Gain This Month as China Seeks More Supplies

Soybean futures held on to Tuesday’s gain, the biggest since the end of April, as state-run Chinese companies return to the market for American supplies after a jump in Brazil’s currency made U.S. beans more competitive. Soymeal futures in Dalian climbed to the highest in over a month. China has been bidding on new crop …

Continue reading “Soybeans Hold Best Gain This Month as China Seeks More Supplies”

Capesize bull run takes a breather

Capesize market slowed after the recent rally in shipping rates, as trade sources seek for clearer market direction ahead. As such, the Capesize 5 time charter average slid slightly by $56 to $4,140 on Friday, as the market approached the long weekend. There was a prompt selloff of June contracts earlier in trading session, before …

Continue reading “Capesize bull run takes a breather”