U.S. soybean futures fell by more than 1 percent on Friday, giving up all of Thursday’s rally and more, as Brazil’s currency fell, making Brazilian soy more competitive on the global market, analysts said. Corn and wheat followed soybeans lower. As of 12:47 p.m. CDT (1747 GMT), Chicago Board of Trade January soybeans were down […] Read more
U.S. grains: Soybeans fall more than 1 pct as Brazilian currency weakens
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: Corn, soy sag under weight of harvest
Chicago | Reuters — U.S. corn futures neared contract lows on Friday and soybeans fell to the lowest levels in a week, pressured by active harvest progress in the heart of the Midwest crop belt, analysts said. Wheat fell to a near two-month low on technical selling, extending losses in the last hour of trade. […] Read more
U.S. grains: Soy, wheat, corn firm on export demand
Chicago | Reuters — U.S. soybean futures firmed on Thursday on supportive export demand and light bargain buying following a three-day slide, along with renewed optimism about demand for soy-based biodiesel fuel, analysts said. Wheat and corn rose on light technical buying and bullish weekly export sales data. Chicago Board of Trade November soybean futures […] Read more
U.S. grains: Wheat down on weak export demand
Chicago | Reuters — U.S. wheat futures fell for a third straight day on Wednesday, pressured by plentiful global supplies and strong competition for export business, especially from Russia, traders said. Corn fell, following wheat, and soybeans also declined after a choppy session. Chicago Board of Trade December wheat settled down 4-3/4 cents at $4.30 […] Read more
U.S. grains: Front-month soy tops US$10
New York | Reuters — U.S. spot soybean futures closed above US$10 a bushel on Friday, the highest in 2-1/2 months, on follow-through buying a day after the U.S. Department of Agriculture lowered its estimate of the U.S. average soy yield, analysts said. Corn futures rose on a bigger-than-expected weekly export sales tally and wheat […] Read more
U.S. grains: Soybeans jump after USDA cuts yield estimate
Chicago | Reuters — Chicago soybean futures jumped to a 2-1/2-month high on Thursday after the U.S. Department of Agriculture lowered its U.S. soybean yield estimate in a monthly report, bucking trade expectations for a slight increase. Corn futures followed soybeans higher, rallying after front-month December set a contract low, while wheat futures retreated. Chicago […] Read more
U.S. grains: Corn, wheat hit one-month lows
Chicago | Reuters — U.S. corn and wheat futures fell to one-month lows on Wednesday, a day ahead of monthly U.S. Department of Agriculture reports that are expected to confirm big crops and plentiful global grain supplies, analysts said. Soybeans closed fractionally lower after a choppy session. Chicago Board of Trade December corn settled down […] Read more
U.S. grains: Corn, soybeans, wheat end modestly lower
Chicago | Reuters — U.S. corn and soybean futures closed fractionally lower Tuesday on technical selling, bucking strength in other commodity markets, including crude oil. Wheat futures on the Chicago Board of Trade also fell, with the spot December contract hitting a four-week low as traders positioned for monthly U.S. government reports due Thursday. The […] Read more
U.S. grains: Wheat nears four-week low on weak export demand
Chicago | Reuters — Chicago wheat futures fell to a near four-week low on Monday on plentiful global inventories and weak demand for U.S. supplies, analysts said. Soybeans turned down after touching a two-week high and corn drifted lower on a day when U.S. government offices, including the Department of Agriculture, were closed for the […] Read more
Cyber-Savvy Farmer
