1,1334 U.S. soybean futures slipped Thursday to

MARKET REPORT
CBOT CLOSE
MEAL
SM H5
SM K5
SM N5
SM Q5
SM U5
SM V5
SM Z5
SM F6
SM H6
EURO
331,40
325,30
323,20
322,10
320,60
316,80
315,70
316,40
317,80
-1,30
-0,40
-0,60
-0,70
-0,40
-0,40
-0,60
-0,60
-0,30
1,1454
BEANS
S H5
S K5
S N5
S Q5
S U5
S X5
S F6
S H6
WHEAT
W K5
W U5
981,25
987,75
992,75
992,25
976,25
964,75
969,75
974,75
527,25
536,50
DATE:
9,25
9,00
9,00
9,50
9,25
9,75
9,75
9,75
February 6, 2015
OIL
BO H5
BO K5
BO N5
BO Q5
BO U5
BO V5
CORN
C K5
13,25 C U5
9,50
31,71
31,92
32,11
32,18
32,16
31,91
1,12
1,10
1,08
1,07
1,04
0,99
393,25
407,50
1,75
1,75
SOY PRODUCTS
CHICAGO--U.S. grain and soybean futures settled higher Thursday as the U.S. dollar softened and crude oil prices
rose.
Wheat prices posted the largest gains, advancing to a nearly two-week high as hopes increased that U.S. exporters
could see uptick in demand from foreign buyers after being sidelined for months in favor of cheaper suppliers from the
Black Sea Region and European Union. Analysts said prices for the grain jumped on speculation that a line of U.S.
credit on offer to Egypt, one of the world's largest wheat buyers, would encourage the country to seek U.S. supplies
after a strong U.S. dollar this season resulted in tepid demand.
Growing optimism over an uptick in export activity combined with a weaker U.S. dollar--which makes domestic grain
supplies more competitive compared with rival producers--lifted prices, analysts said, helping to trigger a rash of
short-covering by investors like hedge-fund managers who recently had hiked up bearish bets in the wheat market. The
U.S. dollar declined 0.7% against a basket of currencies on Thursday while remaining near the highest levels in a
decade.
The "yo-yo ... price behavior of energy/currency/equity markets is having an over-sized impact on ag markets," said
Rich Feltes, vice president of research at RJ O'Brien in Chicago, in an afternoon note to clients.
Despite the volatility seen in agricultural markets this week, "this intraday stuff seems to be just noise," said
Dustin Johnson, a broker and analyst for EHedger LLC, a futures firm in Clarendon Hills, Ill., noting that he still
anticipates an overall downtrend in commodity prices.
March-dated wheat futures rose 14 3/4 cents, or 2.9%, to $5.25 3/4 a bushel at the Chicago Board of Trade, the
highest since Jan. 23.
Persistent dryness in the U.S. wheat belt also buoyed prices, analysts said, with a lack of moisture in southern
parts of the U.S. Great Plains generating concerns that yields may suffer if conditions continue.
Corn and soybean prices also gained amid investor short-covering, drawing additional support from strengthening
energy markets. After falling in the previous session, rising crude-oil prices again seesawed upward Thursday,
inspiring hope that demand for corn and soybeans could increase since the crops are the main ingredients in alternative
biofuels, namely ethanol and biodiesel. Higher crude oil prices generally encourage more blending of the fuel additives
into gasoline, analysts said.
CBOT March soybeans gained 9 1/4 cents, or 1%, to $9.81 1/4 a bushel.
MEAL
ZM H5
ZM K5
ZM N5
ZM Q5
ZM U5
ZM V5
ZM Z5
ZM F6
331,60
325,00
323,10
322,10
320,50
316,40
315,60
315,90
EURO
GBP
1,1454
1,3371
BEANS
ZS H5
ZS K5
ZS N5
ZS Q5
ZS U5
ZS X5
-0,10 ZS F6
0,20
-0,40
-0,10
-0,10
-0,30
CORN
ZC H5
ZC K5
ZC N5
OIL
ZL H5
ZL K5
ZL N5
ZL Q5
ZL U5
ZL V5
982,75
989,00
994,25
993,50
977,75
966,50
971,50
1,50
1,25
1,25
1,50
3,00
1,75
2,25
386,75
394,50
401,75
WHEAT
1,50 ZW H5
1,25 ZW K5
1,25 ZW N5
*Please note that Soyabrokers v.o.f. can not be held responsible for any errors occurring on this report.
31,85
32,05
32,24
32,28
0,14
0,13
0,13
0,10
31,98
0,07
529,00
529,75
531,25
3,25
2,50
2,75

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