Chicago | Reuters — U.S. soybean futures hit a 3-1/2-week high on Tuesday on technical buying and forecasts for dry weather in the Midwest that could threaten late-season yield prospects, analysts said. Corn and wheat futures followed the higher trend. Chicago Board of Trade November soybean futures settled up 19 cents at $9.68-1/2 per bushel […] Read more
U.S. grains: Soy rises on technicals, dry forecast
U.S. grains: Corn lower as yield forecasts rise
Chicago | Reuters — U.S. corn futures fell on Friday on rising expectations of plentiful supplies from what should be a bumper Midwest harvest beginning later this month, analysts said. Soybean futures firmed, led by strength in soyoil, and wheat rose on technical buying ahead of a three-day U.S. holiday weekend. Markets will be closed […] Read more
U.S. grains: Corn jumps, joining broad commodities rally
Chicago | Reuters — U.S. corn prices rose about 3.5 per cent on Thursday, snapping a four-session slide as grain traders joined a broad rally in commodities on the last day of the month. Soybeans and wheat followed the firm trend. Chicago Board of Trade December corn futures settled up 12-1/4 cents at $3.57-3/4 per […] Read more
U.S. grains: Corn, soy futures flat
Chicago | Reuters — U.S. corn futures fell to contract lows on Thursday on fund-driven selling tied to plentiful global supplies and expectations of a large Midwest harvest, analysts said. Soybeans followed the weak trend while wheat ended steady to lower. Chicago Board of Trade December corn settled down 3-1/4 cents at $3.45-1/2 per bushel […] Read more
Whole Foods slashes prices on some produce
Los Angeles/Chicago | Reuters — On its first day as part of Amazon.com, organic grocery chain Whole Foods Market slashed prices on popular items like avocados and apples on Monday by a third as it bid to shake off its “Whole Paycheque” reputation for high prices. In another sign of changes to come, a display […] Read more
U.S. grains: Corn falls to 2017 lows on plentiful global stocks
Chicago | Reuters — U.S. corn futures sank to their lowest levels of the year on Wednesday on fund-driven technical selling and plentiful global grain supplies, analysts said. Chicago Board of Trade wheat futures rose on bargain-buying after front months fell to contract lows, while soybean futures firmed modestly. CBOT December corn settled down 4-1/4 […] Read more
U.S. grains: Corn, soybeans, wheat futures dive after USDA report
Chicago/Reuters – U.S. soybean and corn futures tumbled nearly 4 percent on Thursday after the U.S. Department of Agriculture’s yield and production forecasts for both crops came in above trade expectations. Wheat futures also fell on a larger-than-expected crop forecast for U.S. spring wheat despite drought in the northern Plains crop belt. As of 12:52 […] Read more
ICE Canada canola futures climb for third straight day
Chicago/Reuters – ICE Canada canola futures climbed on Wednesday for a third straight session, buoyed by a lack of moisture in parts of the Canadian Prairies and spillover strength from U.S. soyoil values, traders said. November canola rose $5.50 to settle at $511.20 per tonne, and January canola ended up $5.40 at $516.50. Chicago Board […] Read more
U.S. grains: Corn, wheat, soy firm ahead of USDA monthly reports
Chicago/Reuters – U.S. wheat, corn and soybean futures were modestly higher on Wednesday as traders awaited key supply/demand reports due from the U.S. Department of Agriculture on Thursday. The reports will include the USDA’s first assessments of the 2017 U.S. corn and soybean crops based on field surveys, and analysts expect the government to lower […] Read more
U.S. grains: Soybeans firm on U.S. weather worries; corn, wheat lower
Chicago/Reuters – U.S. soybean futures rose on Tuesday, buoyed by worries about dry weather in parts of the U.S. Midwest and reminders of strong export demand from China, traders said. Corn futures fell, losing ground to soybeans on intermarket spreads, while wheat sagged on technical buying and sluggish export prospects. As of 1:01 p.m. CDT […] Read more
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