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USX last updated 05/09 18:19:59

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1,365.00

05/09 18:19

A ransomware attack on ION Trading UK has caused a significant disruption to global investor positioning reports, impacting options trading worldwide. The US Commodity Futures Trading Commission has delayed its weekly datasets until February 24. Market analysts express frustration over the lack of data, which has raised concerns about market positioning amid shifts in interest rates and currency speculation. The attack has prompted a global reassessment of cybersecurity in the financial sector.

bloomberg.com

Wheat, corn, and soybean futures in Chicago increased as traders awaited a key report from the US Department of Agriculture. Analysts predict a reduction in corn and soybean world inventory forecasts and an increase in wheat estimates. Brazil's soybean harvest is impacted by rainfall, affecting its corn planting schedule. Conab has reduced its corn crop estimate by 1%, while US corn exports are causing market concerns. Tobin Gorey from Commonwealth Bank of Australia notes that soybeans may have less downside risk due to expected WASDE results.

bloomberg.com

The U.S. Department of Agriculture announced a reduction in corn and soybean production estimates, with a decrease in the area of land harvested. The USDA cut its estimate for the domestic corn crop to 13.73 billion bushels and soybean production to 4.28 billion bushels, which are lower than projected by analysts surveyed by The Wall Street Journal.

marketwatch.com

Wheat futures for December delivery fell 6.3% to $8.46 a bushel on the Chicago Board of Trade following Russia's return to the Black Sea export corridor deal. Corn futures fell 1.5% to $6.87 1/2 a bushel, while soybean futures rose 0.4% to $14.54 a bushel. The article discusses the implications of Russia's decision on grain markets, the ongoing political unrest in Brazil, and upcoming earnings reports from several companies.

marketwatch.com

Global wheat prices have increased by nearly 6% following Russia's withdrawal from the Black Sea grain export deal. The Chicago Board of Trade's most-active wheat contract rose 5.7% to $8.77 a bushel after Russia announced its suspension of participation in the initiative due to alleged drone attacks on the Black Sea Fleet. Ukraine's President Volodymyr Zelenskyy expressed concern over the implications of Russia's move, which he claimed would exacerbate a global food crisis. The United Nations and Turkey are working to rescue the grain deal, aiming to facilitate the movement of grain vessels.

cnbc.com