Chicago | Reuters — U.S. corn and soybean futures fell on Friday as escalating U.S.-China tensions over Beijing’s proposed restrictions on Hong Kong dampened markets after a week of gains. Three sources told Reuters China may reduce U.S. agricultural imports if Washington issues a severe response to Beijing’s push to impose national security laws on […] Read more
U.S. grains: Corn, soybeans slide on China tensions
Midwest weather poses risks for wheat
U.S. grains: Corn, wheat up as weather, currency spark short-covering
Hong Kong row tempers hopes of China demand for U.S. soy
Chicago | Reuters — U.S. corn futures jumped on Thursday to a five-week high as a weaker dollar, forecasts for hotter, drier weather in the Midwest corn belt and a further rebound in ethanol production triggered bargain buying and short-covering by managed funds. Wheat futures also rallied on expanding dryness across the Plains wheat belt […] Read more
U.S. grains: Soybeans firm on slowed planting progress
Wheat rangebound as Northern Hemisphere weather watched
Chicago | Reuters — U.S. soybean futures firmed on Wednesday as a slowdown in plantings in the Midwest and forecasts for more disruptive weather lifted prices to two-week highs, although technical selling kept a lid on gains. Corn also edged higher after the U.S. Department of Agriculture (USDA) reported slower-than-anticipated planting in a weekly crop […] Read more
U.S. grains: Soybeans firm on China demand, economic optimism
Equities rally as economies reopen, dollar eases
Chicago | Reuters — U.S. corn futures firmed and soybeans posted their strongest advance in a month on Tuesday as rising equities and energy markets and a weakening U.S. dollar triggered short-covering in commodities battered by the coronavirus pandemic. Wheat followed corn and soy higher but reversed course amid forecasts for crop-boosting rains in rival […] Read more
U.S. grains: Wheat, soybean futures fall with export prospects
Corn edges up ahead of Memorial Day
Chicago | Reuters — U.S. wheat futures fell after three straight days of gains on Friday as a firmer dollar disadvantaged the crop in the export market and a forecast for rain promised much-needed relief to dry soils in the U.S. Plains, traders said. Soybean markets also sagged on concerns about export demand, with sales […] Read more
U.S. grains: Soybeans, corn fall
Wheat firms on crop concerns; Russia cuts crop outlook
Chicago | Reuters — U.S. soybean futures sank 1.4 per cent to a two-week low on Thursday, pressured by concerns about falling export demand from the world’s top soy importer due to rising tensions between Beijing and Washington, traders said. “It does not take much,” said Mark Schultz, chief market analyst at Northstar Commodity. “You […] Read more
U.S. grains: Wheat rallies on Black Sea dryness
Corn eases after three days' gains, soybeans climb
Chicago | Reuters — Chicago wheat futures gained on Wednesday as dryness in Russia and a weak crop outlook on the U.S. Plains lifted the market. Soybeans lifted as the Brazilian currency gained against the U.S. dollar, renewing hopes of buying by China, while corn was flat as demand gains in ethanol and animal feed […] Read more
U.S. grains: Soy slips as traders await China deals
CBOT corn, wheat futures rise
Chicago | Reuters — Chicago Board of Trade soybean futures dipped on Tuesday, pressured by a fast pace of planting and slowing export deals to China after a string of sales earlier in the month, traders said. “The trade is very dependent on China buying, and we really have not seen an announcement here in […] Read more
Net short position reduced in canola
MarketsFarm — Rising futures prices saw speculators exiting short positions in canola and adding to a growing net long in soybeans, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in at 38,738 contracts on Tuesday, […] Read more
U.S. grains: CBOT wheat hits lowest since March
Soybeans, corn firm as oil rallies
Chicago | Reuters –– U.S. wheat futures fell to their lowest in more than two months on Monday, pressured by sluggish demand on the export front and some much-needed rain in the U.S. Plains, traders said. Soybean futures were higher, supported by gains in the crude oil market as well as strong demand from China. […] Read more