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 closed the Tuesday session with contracts down 4 to 5 ¾ cents lower. The cmdtyView national average Cash Bean price was 5 1/2 cents lower at $9.82 3/4. Soymeal futures were up 70 cents to $1.60 in the front months and down 10 to 20 cents in the deferred contracts, with Soy Oil futures 4 to 10 points lower.
USDA reported a private export sale of 190,000 MT of soybean meal to the Philippines this morning.
Monday morning’s Export Inspections report showed 1.34 MMT (49.1 mbu) of soybeans shipped in the week of 1/15. That was 16.1% below the week prior but 35.1% larger than the same week last year. China was as the largest destination of 611,983 MT, with 116,120 MT shipped to Germany and 106,120 MT to Mexico. The marketing year total is now 19.335 MMT (710.44 mbu) of soybeans shipped, which is now 40.2% below the same period last year.
Brazilian soybean harvest is estimated at 2% complete as of last Thursday according to AgRural. ANEC estimates the Brazilian soybean export for January at 3.79 MMT, a 0.06 MMT increase from last week’s number.
Mar 26 Soybeans closed at $10.53, down 4 3/4 cents,
Nearby Cash was $9.82 3/4, down 5 1/2 cents,
May 26 Soybeans closed at $10.64, down 4 3/4 cents,
Jul 26 Soybeans closed at $10.76 1/4, down 5 cents,
