Chicago | Reuters — U.S. soybean futures edged higher on Wednesday as the government confirmed more soy purchases by China, but the market remained largely static as traders waited for a raft of U.S. crop data due on Friday, some of it delayed by the government shutdown. Corn futures eased for the first time in […] Read more
U.S. grains: Soy edges higher after China sales
U.S. grains: Soybeans firm as USDA confirms large purchases by China
Chicago | Reuters — U.S. soybean futures edged higher for a third straight session on Tuesday after the U.S. Department of Agriculture confirmed more soybean purchases by China. USDA reported nearly three million tonnes of U.S. soybean export sales on Tuesday, mostly to China, after high-level talks last week between the U.S. and China ended […] Read more
U.S. grains: Soybeans firm on new China sales, shrinking Brazil crop
Chicago | Reuters — U.S. soybean futures edged higher on Monday on renewed Chinese demand for U.S. shipments and worries about a smaller Brazilian soy crop, but gains were limited by abundant global supplies and an uncertain outcome to Sino-U.S. trade talks. The extended Chinese market closure for the Lunar New Year also kept prices […] Read more
U.S. grains: Renewed optimism for China trade talks lifts grains
Chicago | Reuters — U.S. corn and soybean futures rose for a third straight session on Friday in a broad commodities and equities market rally sparked by renewed optimism about U.S.-China trade talks. Wheat edged upward along with corn and soy, but shed gains late in the day as traders pocketed profits fueled by media […] Read more
U.S. grains: Wheat, corn, soy break through key technical levels
Chicago | Reuters — U.S. corn, soybean and wheat futures climbed for a second straight session on Thursday in a short-covering and technical bounce following a steep drop earlier this week. Gains in wheat ignited the rally as hopes for a pickup in U.S. wheat export demand pushed prices through key technical levels. Corn and […] Read more
U.S. grains: Corn rebounds in export demand, bargain buying
Chicago | Reuters — U.S. corn futures firmed on Wednesday in a bargain-buying and short-covering bounce as the market’s steep drop to six-week lows in the previous session triggered renewed demand for the feed grain. Wheat and soybeans also rebounded after both markets hit two-week lows on Tuesday, although buying interest evaporated late in the […] Read more
U.S. grains: Soybeans sink on concerns about China trade talks
Chicago | Reuters — U.S. soybean futures fell for the third time in four sessions on Tuesday on worries that the United States and China remain far apart in resolving a bitter trade fight that has slashed U.S. soy imports by the world’s top buyer. Corn and wheat followed soybeans lower, with technical selling accelerating […] Read more
U.S. grains: Soybeans sink on weak China trade data
Chicago | Reuters — U.S. soybean futures fell to a 1-1/2-week low on Monday on technical selling and on concerns about demand from China as the world’s top soy importer remains locked in a tariff war with the United States. Wheat also fell after Russia, the world’s top supplier, left its export forecast unchanged despite […] Read more
U.S. grains: Wheat rallies on dollar weakness, export hopes
Chicago | Reuters — U.S. wheat futures rallied from one-week lows on Friday in a technical and bargain-buying bounce as a weakened U.S. dollar and rising wheat prices in rival exporting nations boosted prospects for U.S. shipments. Corn and soybeans also advanced on technical buying and concerns about crop prospects in South America due to […] Read more
U.S. grains: Soybeans sink as China trade optimism wavers
Chicago | Reuters — U.S. soybean futures dropped nearly two per cent on Thursday, the steepest slide since Nov. 26, reversing a week of gains due to a lack new purchases by China following trade talks with the United States. Forecasts for a bumper Brazilian soybean crop added pressure despite recent hot, dry weather in […] Read more
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