Chicago | Reuters — Chicago Board of Trade corn futures fell more than two per cent on Wednesday, the most in a month, while soybean and wheat futures also declined on expectations for record-large U.S. harvests and huge grain inventories. At the CBOT, December corn settled down 8-1/2 cents at $3.37 per bushel. November soybeans […] Read more
U.S. grains: Corn, soy, wheat fall after USDA report
U.S. grains: Corn, wheat futures firm ahead of USDA report
Chicago | Reuters — U.S. corn and wheat futures firmed on Tuesday as traders adjusted positions ahead of a monthly U.S. government crop report, traders said. Soybeans settled nearly flat, paring early advances. But all three markets were able to withstand pressure from weaker energy markets and a stronger dollar, which tends to make U.S. […] Read more
U.S. grains: Wheat jumps on short-covering
Chicago | Reuters — U.S. wheat futures rose more than two per cent on Wednesday as signs of fresh export demand triggered a short-covering rally in a market where commodity funds hold a large net short position, traders said. Corn futures ended lower after a choppy session while soybeans fell, pressured by the expanding harvest […] Read more
U.S. grains: Rainy Midwest sparks rally in corn, soybeans
Chicago | Reuters — U.S. corn futures rose 1.9 per cent on Friday as worries about rains delaying the Midwest harvest prompted traders to cover short positions ahead of the weekend, analysts said. Soybeans and wheat followed corn higher. Chicago Board of Trade December corn futures settled up seven cents at $3.37 per bushel (all […] Read more
U.S. grains: Soy up on rebound after three-day slide
Chicago | Reuters — U.S. soybean futures rose on Thursday, snapping a three-day slide on bargain buying and signs of fresh export demand, traders said. But corn and wheat futures fell, pressured by prospects for huge grain supplies as the U.S. autumn harvest got underway. At the Chicago Board of Trade, November soybeans settled up […] Read more
U.S. grains: Soy ends firm, rebounding from last week’s multi-month lows
Chicago | Reuters — U.S. soybean futures rose on Tuesday on reminders of fresh export demand, extending a modest rebound from multi-month lows set last week, traders said. Wheat futures drifted lower after a long U.S. holiday weekend while corn ended steady to slightly higher, with the benchmark December corn contract settling unchanged. At the […] Read more
U.S. grains: Wheat records fourth month of decline
Chicago | Reuters — Chicago wheat futures posted a fourth consecutive month of losses on Wednesday, pulled down by plentiful global supplies, while expectations of bumper U.S. harvests pressured soybeans and corn. At the Chicago Board of Trade, most-active December wheat settled down four cents at $3.88-1/4 per bushel (all figures US$). December corn ended […] Read more
U.S. grains: Soy, corn, wheat slide on prospects for rising stockpiles
Chicago | Reuters — U.S. corn and wheat futures fell to multi-year lows on Tuesday and soybeans hit a four-week low on expectations for big crops and rising grain supplies, traders and analysts said. At the Chicago Board of Trade, November soybeans settled down 13-1/2 cents at $9.50-3/4 per bushel and December corn ended down […] Read more
U.S. grains: Wheat slumps to new 10-year low on ample supplies
Chicago | Reuters — U.S. wheat futures fell for a sixth consecutive session to hit a new 10-year low on Monday, as ample global stocks and a regulatory clamp-down from the world’s largest buyer of the grain dragged on prices. Corn set a seven-year low and soybeans also declined, pressured by prospects for large U.S. […] Read more
U.S. grains: Soybeans climb on persistent export demand
Chicago | Reuters — U.S. soybean futures rose on Monday, with the benchmark November contract reaching its highest in a month on strong export demand for U.S. supplies, traders said. Wheat futures fell nearly three per cent, led by the spot September contract, while corn drifted lower in rangebound trade. At the Chicago Board of […] Read more
Cyber-Savvy Farmer
