Chicago | Reuters –– U.S. corn futures rose 1.5 per cent on Tuesday, rallying from early weakness as updated weather forecasts raised the risk of stressful hot and dry conditions in the Midwest crop belt. Soybean futures were mixed, with favourable crop ratings pressuring deferred contracts. Wheat futures fell, dragged down by the expanding U.S. […] Read more
U.S. grains: Corn rallies on weather worries
U.S. grains: Corn climbs on weather worries, soybeans retreat
Chicago | Reuters — U.S. corn rose about 1.7 per cent on Monday as commodity funds extended net long positions on forecasts for potentially stressful hot weather in the Midwest and the Mississippi River Delta, traders said. Soybeans and wheat turned lower, retreating from early advances. Soybeans fell on profit-taking after the spot contract on […] Read more
U.S. grains: Corn sets 10-month high on export demand
Chicago | Reuters — Chicago Board of Trade corn futures rose about one per cent on Friday to the highest level in 10 months on strong export demand and short-covering ahead of a long U.S. holiday weekend, traders said. Soybean futures also climbed even as nearby soymeal futures declined. Wheat futures closed little changed after […] Read more
U.S. grains: Soybeans retreat on profit-taking
Chicago | Reuters — U.S. soybean futures fell on Thursday on profit-taking after rising to their highest in 20 months as soymeal pared gains, but analysts cautioned that soymeal’s rally might not be over. Wheat futures rose three per cent and corn firmed, notching a 10-month top in early moves. At the Chicago Board of […] Read more
U.S. grains: Soy, wheat fall on broad commodity weakness
Chicago | Reuters — U.S. soybean futures fell on Monday on profit-taking as commodities fell broadly and soymeal backed down from contract highs, analysts said. Wheat also declined but corn futures rose, bucking the weak trend. At the Chicago Board of Trade, July soybeans settled down 15-3/4 cents at $10.58-1/2 per bushel after dipping to […] Read more
U.S. grains: Wheat up on short-covering
Chicago | Reuters — U.S. corn and wheat futures rose on Friday to their highest levels in more than a week and gained against soybeans as traders took profits on inter-market spreads, analysts said. Soybeans also faced pressure from expectations that U.S. farmers will plant more soybeans than the U.S. Department of Agriculture’s projections. At […] Read more
U.S. grains: Soy falls on weak export data, planting expectations
Chicago | Reuters –– U.S. soybean futures fell on Thursday on disappointing weekly export data and expectations that U.S. farmers might increase soybean seedings this spring and plant less corn, analysts said. Corn and wheat futures closed higher. At the Chicago Board of Trade, July soybeans settled down 6-1/4 cents at $10.72 per bushel (all […] Read more
U.S. grains: Soybeans retreat from multi-month highs
Chicago | Reuters — U.S. soybean and corn futures declined on Wednesday in a light profit-taking setback, one day after bullish soy stocks data in a monthly U.S. government report sent soybeans soaring to the highest levels since 2014. Wheat also sagged, pressured by plentiful global supplies and the approach of the U.S. harvest. At […] Read more
U.S. grains: Soy soars to 18-month top as USDA tightens stocks view
Chicago | Reuters — U.S. soybean futures surged more than five per cent to their highest level in 18 months on Tuesday after the U.S. Department of Agriculture forecast that domestic stocks would fall more than most analysts expect by the end of the 2016-17 marketing year. Corn and wheat futures followed soybeans higher, although […] Read more
U.S. grains: Corn falls two per cent ahead of monthly USDA report
Chicago | Reuters — U.S. corn futures fell about two per cent on Monday to the lowest level since mid-April, pressured by broad weakness in commodities and positioning a day ahead of a monthly U.S. Department of Agriculture report, analysts said. Soybean and wheat futures also fell. At the Chicago Board of Trade, most-active July […] Read more
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