Reuters — As U.S. farmers turn in record grain crops this autumn, many will have a powerful new tool — giant sausage-shaped storage bags — to help them avoid the lowest prices in years and gain more control over trade with giants such as Cargill Inc. Demand has surged this summer for the white polyethylene […] Read more
Grain bags catching on in the U.S. Midwest
U.S. grains: Soybeans fall for seventh day, corn dips as crops thrive
Chicago | Reuters –– U.S. soybean futures fell for the seventh straight session on Tuesday, and corn slid lower for a sixth day as favourable weather around the Midwest buoyed forecasts of record crops this autumn. Wheat prices were narrowly mixed after hitting a four-year low the previous day, with prices anchored by rising supplies […] Read more
U.S. grains: Corn tumbles to near four-year low on ideal crop weather
Chicago | Reuters — U.S. corn futures tumbled more than two per cent on Monday to the lowest point in almost four years as largely ideal crop development weather around the Midwest reinforced expectations for a record-large harvest this autumn. Soybeans slid to five-month lows on good crop weather, with losses in old-crop contracts outpacing […] Read more
U.S. grains: Corn, soybeans rebound from multi-month lows
Chicago | Reuters –– U.S. soybean futures rose on Friday in a short-covering and technical-buying rebound a day after a steep drop to a 2-1/2 month low. Corn rose for a second straight day on bargain buying after hitting a four-month low at midweek, but good weather around the U.S. Midwest bolstered expectations for a […] Read more
U.S. grains: Corn, wheat rally from three-month lows on short-covering
Chicago | Reuters — U.S. corn futures jumped more than two per cent on Friday in the strongest gains in a month on technical buying and short-covering after sinking to a three-month low the previous day. Hard red winter wheat futures surged three per cent on concerns about adverse weather in some key production areas, […] Read more
U.S. grains: Corn, soybeans tumble on good weather, fund selling
Chicago | Reuters –– U.S. corn futures dropped for a fourth straight day on Thursday, hitting the lowest point since February, as favorable Midwest crop weather bolstered expectations for a bumper harvest this autumn and triggered fund selling. Soybean prices fell 1.5 per cent to the lowest in more than two weeks on fund selling […] Read more
U.S. grains: Soybeans slide, corn firms in pre-holiday consolidation
Chicago | Reuters — U.S. soybean futures eased on Friday as investors unwound spreads and squared positions ahead of the Memorial Day holiday weekend but the market still registered its strongest weekly advance in five weeks on worries about tight U.S. supplies. Wheat fell for a fourth straight day to hit a 10-1/2-week low on […] Read more
U.S. grains: Soybeans soar to contract highs on demand, tight supplies
Chicago | Reuters — U.S. soybeans rallied for a second straight session on Thursday, with old-crop futures hitting contract highs as relentless demand stoked worries about shrinking short-term supplies in the U.S. Corn edged higher after hitting an 11-week low in the previous session on spillover support from soybeans, but prices remained anchored by favourable […] Read more
U.S. grains: Soybeans rebound on tight stocks, persistent demand
Chicago | Reuters — U.S. soybean futures rose more than two per cent for their biggest daily gain in eight months on Wednesday in a bargain-buying bounce from the prior session’s steep declines and on concerns about tight U.S. supplies ahead of the autumn harvest. Corn futures were mixed after sinking to an 11-week low […] Read more
U.S. grains: Soybeans tumble on fund selling, good planting weather
Chicago | Reuters — Soybean futures fell on Tuesday in a profit-taking setback after hitting a 2-1/2 week high and as farmers were expected to accelerate spring planting under mild and mostly dry weather across the Midwest farm belt. Corn futures slumped for a fifth straight session and hit a 10-week low on active planting […] Read more
Cyber-Savvy Farmer
