Chicago | Reuters — U.S. corn futures dropped 1.4 per cent to a one-year low on Tuesday, pressured by ample supplies from the nearly completed harvest of the second-largest domestic corn crop on record, traders said. Soybeans declined, following corn lower, as improving crop weather in South America added to bearish sentiment. But wheat futures […] Read more
U.S. grains: Corn hits one-year low as harvest nears end
U.S. grains: Soy hits one-month low
Chicago | Reuters — U.S. soybean futures fell to their lowest in a month on Monday, pressured by improving crop weather in South America and chart-based selling, with the benchmark January contract falling through several key moving averages, analysts said. Wheat fell in technical moves amid a lack of news, and corn fell but the […] Read more
U.S. grains: Winter wheat mixed; corn, soy firm ahead of USDA report
Chicago | Reuters – U.S. winter wheat futures ended mixed on Wednesday while soybeans and corn closed slightly higher as traders squared positions ahead of a monthly U.S. Department of Agriculture crop supply and demand report due out on Thursday, traders said. Short covering buoyed corn and wheat late in the day, offsetting earlier declines […] Read more
Alberta harvest nears end, forage and feed reserves seen adequate
Alberta crop conditions as of October 31 (FINAL)
Reading Time: 2 minutes Harvest is virtually complete across the province, with 98.6 per cent of the crops now in the bin. While harvest in the Southern and Central Regions has been completed, good weather conditions over the last two weeks also allowed northern producers to make good harvest progress. About 98 per cent of the crops in the […] Read more
U.S. grains: Corn rises to one-week high on exports
Chicago | Reuters — U.S. corn futures climbed to a one-week high on Thursday on bargain buying and improving export demand, although gains were limited by reports of higher-than-anticipated U.S. harvest yields. Soybeans rose for a second day and notched a two-week high as expectations of lower U.S. yields and rising demand from China supported […] Read more
U.S. grains: Soy climbs to one-week high on yield worries
Chicago | Reuters — U.S. soybean futures rose to a one-week high on Wednesday on concerns that the U.S. Department of Agriculture (USDA) might lower its forecast of the domestic soybean yield in a monthly report next week, traders said. Corn firmed along with soybeans as firm cash markets lending support. Wheat drifted lower but […] Read more
U.S. grains: Wheat falls to contract lows on technical selling
Chicago | Reuters –– U.S. wheat futures fell to contract lows on Tuesday as technical selling pressure dragged prices lower for a fifth straight session. Chart-based selling accelerated as prices slipped below the prior day’s two-month low, more than offsetting supportive news of a large export sale to Iraq and a government report showing the […] Read more
U.S. grains: Soybeans retreat on Brazil rains, technical selling
Chicago | Reuters — U.S. soybean futures turned lower on Monday on forecasts for crop-boosting rains in some areas of Brazil and as technical selling and month-end positioning weighed on the market. Corn was narrowly mixed and wheat futures fell for a fourth straight session, with some wheat contract months hitting fresh contract lows. Prices […] Read more
U.S. grains: Wheat futures sink as dollar rallies
Chicago | Reuters — U.S. wheat futures fell on Friday, their third straight day of declines, as a firm U.S. dollar further dampened the already poor prospects for U.S. supplies on the export market, traders said. Corn futures also weakened, weighed down by the drop in wheat, while soybeans firmed slightly. Strength in cash markets […] Read more
U.S. grains: Wheat, corn, soy fall on weak technicals, ample supplies
Chicago | Reuters — U.S. wheat futures weakened for a second consecutive day on Thursday, with technical sellers pushing prices lower after the market failed to hold support at key chart points, traders said. K.C. hard red winter wheat led the declines, sinking 1.2 per cent, as improving moisture conditions in the U.S. Plains boosted […] Read more