Chicago | Reuters — U.S. wheat and corn futures fell on Friday for a second straight session as traders liquidated long positions ahead of a U.S. holiday weekend, and following a fund-driven rally seen as lacking fundamental drivers, analysts said. Soybeans also extended losses from Thursday, pressured by falling vegetable oil prices in Asia and […] Read more
U.S. grains: Wheat, corn post weekly declines after fund-fueled rally
U.S. grains: Corn, wheat retreat on profit-taking
Chicago | Reuters — U.S. wheat and corn futures declined on Thursday, retreating from early strength on profit-taking after each market set multi-month highs, analysts said. Soybeans also closed lower, reversing from early advances, after the spot March contract fell short of last week’s high. CBOT March corn settled down 5-1/4 cents at $3.73-1/2 per […] Read more
U.S. grains: Soybeans rally on export demand, fund buying
Chicago | Reuters — U.S. soybean futures rose on Wednesday on commodity fund buying at the start of a new month along with fresh export demand, analysts said. Wheat and corn futures followed the firm trend, with corn buoyed by bullish weekly ethanol data. Chicago Board of Trade March soybean futures settled up 12-1/4 cents […] Read more
U.S. grains: Corn, wheat firm on bargain buying, U.S. dollar
Chicago | Reuters — U.S. corn and wheat futures closed higher on Tuesday on bargain-buying a day after both markets fell to two-week lows, and on a weaker dollar, which tends to make U.S. grains more competitive globally, traders said. Soybeans closed higher, bouncing back from a 2.5 per cent decline a day earlier. But […] Read more
U.S. grains: Soy hits two-week low on long liquidation
Chicago | Reuters — U.S. soybean futures fell more than two per cent on Monday, with the front contract hitting a two-week low on long liquidation and improved crop weather for South America, analysts said. Corn and wheat followed the weaker tone. Chicago Board of Trade March soybean futures settled down 26-1/2 cents at $10.22-3/4 […] Read more
U.S. grains: Wheat sets two-week low on supplies, trade jitters
Chicago | Reuters — U.S. wheat futures touched a two-week low on Friday on plentiful domestic and world supplies and a firmer dollar, which tends to make U.S. grains less competitive, traders said. Corn and soybean futures posted modest declines, with fears of a trade war with Mexico hanging over the grains complex. Chicago Board […] Read more
U.S. grains: Soy, corn fall on crop prospects, trade fears
Chicago | Reuters — U.S. soybean and corn futures closed lower Thursday on improving South American crop prospects and jitters about U.S. trade relationships, analysts said. Wheat futures rose on better-than-expected weekly U.S. export sales. Chicago Board of Trade soybeans for March delivery settled down 5-3/4 cents at $10.49-1/2 per bushel and March corn ended […] Read more
U.S. grains: Corn down on profit-taking, trade worries
Chicago | Reuters — U.S. corn futures fell nearly two per cent on Tuesday on profit-taking after hitting multi-month highs and uncertainty about how U.S. trade policy will affect grain exports, analysts said. Wheat followed corn lower but soybeans turned higher in the final minutes of trade. Chicago Board of Trade March corn settled down […] Read more
U.S. grains: Soybeans fall as Argentina crop worries ease
Chicago | Reuters –– U.S. soybean futures fell on Monday for a third straight session on profit-taking after last week’s six-month highs and improving weather outlook for Argentina, analysts said. Wheat closed higher on technical buying including short-covering, while corn ended nearly unchanged as the market consolidated after hitting a multi-month top on Friday. Chicago […] Read more
U.S. grains: Corn up on strong exports, ethanol demand
Chicago | Reuters — U.S. corn futures touched a six-month high on Friday, buoyed by robust demand from exporters and ethanol producers, analysts said. Wheat followed corn higher in largely technical trade while soybeans eased on profit-taking. But all three markets posted weekly gains. Chicago Board of Trade March corn settled up 3-1/2 cents at […] Read more
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