MarketsFarm — Soybeans were the high-rising crop on the Chicago Board of Trade (CBOT) for the week ended Wednesday, two days before the U.S. Department of Agriculture’s monthly world agriculture supply/demand estimates (WASDE) are released. Old- and new-crop soybeans all rose in tandem during the week, but while old-crop contracts are rising in price due […] Read more
CBOT weekly outlook: Soy prices rise, yields may follow suit
U.S. grains: CBOT soybeans, corn, wheat rise
Soy nears 10-year highs
Chicago | Reuters — U.S. soybean futures rose on Wednesday on expectations that robust demand from both the domestic and export sectors will keep supplies tight until harvest in the fall, traders said. Corn futures were firm on support from strength in the cash market while wheat ended in positive territory after trading both sides […] Read more
U.S. grains: Wheat futures drop after rally
Strong cash market supports corn, soy
Chicago | Reuters — U.S. wheat futures fell 1.9 per cent on Tuesday on a round of profit taking as traders closely monitored prospects for grain exports out of Ukraine. “Wheat continues to ride the wave of varied rhetoric from the Black Sea that seemingly changes by the minute,” Matt Zeller, director of market information […] Read more
U.S. grains: Wheat futures rally, pull corn higher
Soy also gains; Ukraine grain export prospects dim
Chicago | Reuters — U.S. wheat futures surged 5.1 per cent on Monday, supported by concerns about lengthy disruptions to shipments out of Ukraine as fighting intensified in that key grain export country. The strength in wheat spilled over into the corn market, which was on track to snap a streak of four straight negative […] Read more
U.S. grains: Wheat futures sag as traders eye Ukraine export negotiations
Soybeans ease following export-fuelled gains; corn also lower
Chicago | Reuters — U.S. wheat and corn futures weakened on Friday as traders monitored diplomatic talks aimed at resuming shipments of Ukrainian grain stalled since Russia’s invasion, analysts said. Soybean futures also declined as market participants booked profits before the weekend, brokers said. Ukraine was in focus as the United Nations said its aid […] Read more
U.S. grains: Wheat firms after earlier slide
Corn struggles to regain; soy firm
Chicago | Reuters — Chicago wheat futures gained on Thursday after reaching two-month lows as liquidation by investment funds abated and supply tensions remained despite talks to reopen Ukrainian ports that have been blocked since Russia’s invasion. A large wheat purchase by Egypt and a report that the U.S. government may retroactively raise an ethanol […] Read more
U.S. grains: Wheat, corn down on Ukrainian export optimism
Soybeans firm on biofuel talk
Chicago | Reuters — Chicago wheat sank on Wednesday for a second straight session to the lowest in nearly two months, as the market gauged diplomatic talks to unblock Ukrainian ports, while U.S. rainfall across the plains added pressure to prices. Corn followed, dropping to a nine-week low, as U.S. farmers caught up on planting […] Read more
CBOT weekly outlook: Fund liquidation weighs on grains, oilseeds
MarketsFarm — Soybean, corn and wheat futures in the United States all found themselves under pressure as the calendar flipped from May to June, with both the fundamental and technical signals turning bearish for the grains and oilseeds. “We’ve got a technical thing going on with corn and wheat,” said Rich Feltes of RJ O’Brien […] Read more
U.S. grains: Wheat drops as Russia considers Ukrainian grain exports
Corn, soybeans also down
Chicago | Reuters — Chicago wheat futures fell on Tuesday, after Russian President Vladimir Putin expressed readiness to allow blocked Ukrainian grain vessels from Black Sea ports. Corn was pressured by falling wheat, while profit-taking pulled soybeans off life-of-contract highs to finish lower. The most-active wheat contract on the Chicago Board of Trade (CBOT) fell […] Read more
U.S. grains: Corn, soybean, wheat futures up ahead of holiday
Wheat gains as U.S. rejects easing sanctions
Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Friday, supported by forecasts for rain that could slow the tail end of planting in the U.S. Midwest. Wheat futures also were higher, with traders exiting bearish positions ahead of the U.S. Memorial Day holiday weekend. U.S. markets will be closed […] Read more
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