Insights and Stories of kt-arasu

Sep. 26, 2012 at 9:30 pm CDT

U.S. grains tumbled on Wednesday, and soybeans sank below US$16 a bushel to their lowest price in nearly three months as worries about Europe’s debt crisis had investors scrambling for safe-haven assets like U.S. Treasury bonds. The declines were accentuated as hedge funds booked profits ahead of the end of […]

By kt-arasu

Sep. 25, 2012 at 5:55 pm CDT

U.S. soybeans ended marginally higher on Tuesday after a seesaw session which saw talk of end-user demand and a weaker dollar lend support, though gains were limited by an advancing Midwest harvest and accounts of good yields. Futures rebounded from six-week lows in Asian trading and kept the momentum into […]

By kt-arasu

Sep. 24, 2012 at 5:13 pm CDT

Soybeans fell below US$16 a bushel on Monday for the first time in 11 weeks, as the harvest advanced at a record pace and investors worried about the economy fled to the dollar, but bargain buying pared losses from the session low. The benchmark November soybean contract at the Chicago […]

By kt-arasu

Sep. 18, 2012 at 6:12 pm CDT

Soybeans fell 1.7 per cent on Tuesday for their biggest two-day selloff in seven weeks as a record pace in the harvest and expectations of improved yields following late summer rains suggested the market may have seen its 2012 highs. Analysts monitored technical charts for any sign that the market […]

By kt-arasu

Sep. 17, 2012 at 5:13 pm CDT

U.S. soybean futures tumbled by the daily trading limit on Monday, posting their biggest percentage drop in nearly one year, on selling sparked by anecdotal accounts of better-than-expected yields in the Midwest farm belt. Corn at the Chicago Board of Trade (CBOT) tumbled to a more than two-month low while […]

By kt-arasu, Rod Nickel