S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketSoybeans saw weakness late on Monday as front months came back to close with fractionally mixed action. The cmdtyView national average Cash Bean price was up 3/4 cent at $10.87 3/4. Soymeal futures were down 40 cents to up 70 cents, with Soy Oil futures 52 to 106 points higher.
Export Inspections data showed soybeans at 586,427 MT (21.43 mbu) shipped in the week that ended on March 26. That was down 28.3% from last week, and 47.4% below the same week last year. China was the top destination of 270,424 MT, with 80,716 MT to Indonesia and 53,245 MT to Egypt. Marketing year shipments have totaled 29.182 MMT (1.072 bbu), which is down 27% yr/yr.
NASS March Intentions data will be out on Tuesday, with traders looking for 85.55 million acres of soybeans planted this spring. That would be up 4.33 million acres if realized. March 1 soybean stocks are estimated at 2.067 billion bushels ahead of the Grain Stocks report, which is up 158 mbu from a year ago if realized.
AgRural estimates Brazil’s soybean crop at 75% harvested as of Thursday, with the crop now pegged at 178.4 MMT, up just 0.4 MMT from the previous number.
May 26 Soybeans closed at $11.59 3/4, up 1/2 cent,
Nearby Cash was $10.87 3/4, up 3/4 cent,
Jul 26 Soybeans closed at $11.75, down 1/4 cent,
Nov 26 Soybeans closed at $11.44, unch,
New Crop Cash was $10.82 3/4, down 0 cent,
