Food Industry
Industry: Email Alert RSS FeedSoybean Watch: Bearish Crush Data To Weigh On CBOT Beans.
Resource News International, April, 2004
Winnipeg, MB, Apr 14, 2004 (Resource News International via COMTEX)
Chicago Board of Trade soybean futures are seen opening flat to 3 US cents per bushel lower. Bearish US crush data is expected to weigh on the market. However, a technical recovery after recent commodity fund selling could support values. Soymeal is called US$0.50 to US$1.00 per short ton lower. Soyoil is called 0.05 to 0.10 US cents per pound lower, following the expected weakness in soybeans. However, tighter than expected soyoil stocks should underpin soyoil.
The National Oilseed Processors Association (NOPA) reported the March US soybean crush at 121.429 million bushels. The crush pace was 2.725 million bushels below the previous month's level and well below average trade estimates...
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Most Recent Business Articles
- Freudenberg IT Invests $38 Million for Growth
- Research and Markets: Israel Ophthalmic Devices Investment Opportunities, Analysis and Future Forecasts Through to 2015
- Research and Markets: Emerging APAC (China) Networking Opportunity 2009 - Addressing a Growing Demand in a Downturn Economy
- Research and Markets: Indian Small & Medium Businesses SaaS Channel Partners 2009 - A Growing Opportunity in a Challenging Business Environment
- Research and Markets: Nippon Oil Corporation LNG Export and Import Markets, 2000 to 2015 Report - Profile and Analysis and Forecasts of Terminal Wise Capacity and Associated Contracts
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- Using object-oriented analysis and design over traditional structured analysis and design
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
