Chicago | Reuters –– Chicago Board of Trade corn and soybean futures climbed to two-week highs on Monday amid concerns about stressful hot weather in the U.S. and Europe coupled with positioning ahead of a monthly U.S. government crop report, traders said. Wheat futures also advanced, following the firmer trend. A setback in the U.S. […] Read more
U.S. grains: Corn, soy at two-week highs on weather worries
U.S. grains: Soybeans rally on eroding crop prospects
Chicago | Reuters –– U.S. soybean futures jumped more than two per cent on Friday and registered their first weekly gain in five weeks, helped by signs of improving export demand and expectations that the U.S. government will trim its harvest forecast in a monthly crop report next week. Corn and wheat futures firmed on […] Read more
U.S. grains: Soybeans, corn dip on disappointing exports, better weather
Winnipeg | Reuters — Soybean and corn futures slipped on Thursday, pressured by disappointing U.S. export sales, forecasts for mostly favorable Midwest weather and technical selling. Chicago Board of Trade (CBOT) wheat rose on better-than-expected export sales. “We had a nice bounce in corn and soybeans, so it’s a technical pullback,” said Arlan Suderman, senior […] Read more
CBOT weekly outlook: Corn, soy to weaken as harvest nears
CNS Canada –– Short-term corn and soybean futures have been bouncing due to dryness in the eastern U.S. corn belt, but as crops move into harvest, prices will likely fall, according to Brian Rydlund, market analyst at CHS Hedging Inc. The corn market is primarily being moved by ethanol bidders and buyers, Rydlund said. “Export-wise, […] Read more
U.S. grains: Prices advance on crop, weather worries
Chicago | Reuters — U.S. grain and soybean futures jumped on Wednesday as concerns about poor weather hurting autumn harvests fuelled a recovery from recent losses in the markets. The U.S. Department of Agriculture, in a crop report on Aug. 12, may trim its U.S. soybean acreage and ending stocks estimates because of excessive rains […] Read more
U.S. farm, consumer groups aim to block Monsanto bid for Syngenta
Reuters — Several U.S. farm and consumer groups are working on strategies to derail a proposed tie-up of Monsanto and agricultural seeds and chemicals rival Syngenta, saying a combination of the market leaders would spell fewer and higher-priced products. Coalitions of opponents are being formed and market analyses being done, moves that underscore the hurdles […] Read more
U.S. grains: Corn bounces off six-week low prior to crop forecasts
Winnipeg | Reuters — Corn futures edged higher on Tuesday, recovering from a six-week low as bargain-buying and an outlook for drier U.S. weather offset pressure from comfortable global supply. Chicago wheat and nearby soybeans failed to hold earlier gains. Grains were supported by dry conditions in parts of the eastern corn belt, and as […] Read more
U.S. grains: Soybean, corn futures fall; wheat mixed
Chicago/Reuters – Chicago Board of Trade soybean futures fell on Friday, pressured by profit-taking and the cancellation of an export deal with China, traders said. Wheat futures were mixed, with CBOT soft red winter wheat and K.C. hard red winter wheat edging higher on some end-of-month short-covering. MGEX wheat fell on forecasts for a bumper crop […] Read more
U.S. grains: Soybeans rise on strong exports, corn firm, wheat weak
Chicago/Reuters – U.S. soybean futures rose on Thursday as signs of growing export demand threatened to cut into an already thin supply base, traders said. Corn futures also firmed, with bargain hunters and technical buyers stepping into the market after prices fell to a five-week low. Wheat closed mostly lower, pressured by plentiful supplies and […] Read more
U.S. grains: Soybeans rise for second day, corn and wheat resume slides
Winnipeg /Reuters – U.S. soybeans rose for a second straight day on Wednesday, recovering some recent losses ahead of a critical development period for the oilseed, while corn and wheat resumed their slides on a favorable U.S. harvest outlook. With soybean yields largely determined in August and questions about the size of planted area, there […] Read more
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