Chicago | Reuters — The most-active U.S. soybean futures contract reached its highest level since June on Friday on news of fresh U.S. soy sales to China, but the market pared gains as traders considered plentiful global supplies. Wheat futures rose as firming U.S. cash markets signaled a pick-up in export demand, and corn followed […] Read more
U.S. grains: Soy climbs on fresh sales to China
U.S. grains: Corn, soy end lower on technical selling
Chicago | Reuters — U.S. corn futures fell more than one per cent on Thursday on a rising estimate of Argentina’s crop and chart-based selling, analysts said, while soybeans and wheat also declined. Chicago Board of Trade (CBOT) March corn settled down 4-3/4 cents at $3.76-1/2 a bushel (all figures US$). March soybeans ended down […] Read more
U.S. grains: Corn, soy, wheat firm as U.S. dollar retreats
Chicago | Reuters — U.S. corn and soybean futures rose on Wednesday in light, largely technical trade as brokers awaited news from high-level U.S.-China trade talks in Washington, analysts said. Wheat followed the firm trend, drawing late support from a downturn in the U.S. dollar after the Federal Reserve struck a cautious tone on its […] Read more
U.S. grains: Wheat nears two-week low on export worries
Chicago | Reuters — U.S. wheat futures fell about one per cent on Tuesday to their lowest in nearly two weeks on worries about a slow pace of export business, traders said. Soybean and corn futures declined on concerns over U.S.-China trade tensions ahead of talks this week in Washington. Chicago Board of Trade March […] Read more
U.S. grains: Corn, soy, wheat end lower
Chicago | Reuters — U.S. corn and soybean futures ticked lower on Monday, pressured by broad declines in commodity and equity markets as well as improving forecasts for South American crop weather, traders said. Wheat followed the weaker trend. Chicago Board of Trade (CBOT) March corn futures settled down 1/2 cent at $3.79-3/4 per bushel […] Read more
U.S. grains: Soybeans hit two-week high
Chicago | Reuters — U.S. soybean futures climbed to a two-week high on Friday on worries about the size of Brazil’s crop and short-covering ahead of planned U.S.-China trade talks next week, traders said. Corn firmed, following strength in soybeans, while wheat drifted lower, pressured by news that a private forecaster had raised its estimate […] Read more
U.S. grains: Wheat retreats from five-week high
Chicago | Reuters — U.S. wheat and corn futures closed lower on profit-taking and a lack of market-moving news on Thursday while soybeans firmed, buoyed by concerns about the size of Brazil’s crop. Chicago Board of Trade (CBOT) March wheat settled down 4-1/2 cents at $5.21-1/2 per bushel (all figures US$). CBOT March corn ended […] Read more
U.S. grains: Soybeans firm on South America weather worries
Chicago | Reuters — U.S. soybean futures rose on Wednesday on worries about poor crop weather reducing yield potential in South America, analysts said, while traders continued to watch for any developments in U.S. trade relations with top global soy buyer China. Wheat firmed on hopes that rising prices in Russia, the world’s biggest exporter, […] Read more
U.S. grains: Soy, corn sag on uncertainty over China trade talks
Chicago | Reuters — U.S. soybean and corn futures fell to session lows on Tuesday on reports that the Trump administration turned down Chinese offers this week for preparatory trade talks, brokers said. The declines in corn and soybeans also pared advances in wheat futures, which nonetheless ended higher on signs of tightening Russian supplies. […] Read more
U.S. grains: Soybeans up as China talks fuel export hopes
Chicago | Reuters — U.S. soybean futures climbed to a two-week high on Friday on optimism over U.S.-China trade talks planned for next week, coupled with declining estimates of the size of Brazil’s developing crop, traders said. Corn and wheat followed the firm trend, with brightening export prospects for both grains lending support. Chicago Board […] Read more