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By Karen Braun
Naperville, Illinois (Reuters) – Last week Chicago corn and soybeans with intestinal betting with the US trade partners, hopes that potentially stimulate the export of US grain.
US farmers have good prospects for spring planting and good prospects of plants in South America, good prospects for supporting any price.
The uncertainty of the market is still high enough as the US trade talks are still in concrete.
Money managers have taken a long position in cbot corn futures and choices since November. April 22, this position in the week, in the week, from 124,573 to 42,573 contract in the previous week.
The action was interesting, because in six months of the largest short positions of short positions. However, the total length of large lengths included in the picture by offering a number of total lengths, mixed feelings.
The soybean was both long and shorts, but the bulls were on the edge. Cash managers increased cbot Soybeans networks for 5,000 contract composition for 31,067 futures and selection contracts.
Soybean futures could not change during the week, CBOT ended April 22 in July. They rose to 1.3% over the last three sessions, reached the highest price of the highest contract since early February.
The US Soybeans can be the best loss of the United States in China, because they are exporting to every type of US. The growing tariff battle of the two countries, extremely steep ratios can then make a transaction more quickly, the soy market has been seen in potential.
However, Beijing negotiates that negotiate the talks on Friday were actively, continued against the US allegations.
Meanwhile, on Thursday, Brazil’s US-Chinese conflict will be exported to China more soybeans in 2025. However, Brazil recently collected a soy product of a record, ie there is a possibility of a trade war or absence.
Corn and soybars received a nod from Japan to increase the import of US corn and soybeans from Japan last week. Japan is the largest largest corn and the fifth US Soybean importer.
Soy products and wheat
Cash managers in the week ended on April 22, 50,899 futures and selection agreements closed about 10,000 contract.
About us uncertainty Biofuel policies, although the recent requirement of healthy global soybean oil and solid global soybean oil demand and solid global soybean requirement, caused the investor several times.