Chicago | Reuters — U.S. corn futures dropped for a fourth straight session on Monday, to their lowest level since March as periods of warm dry weather this week should accelerate planting across the Midwest after weeks of rain delays and unseasonable cold. Soybeans rallied along with surging soymeal futures on tight U.S. supplies ahead […] Read more
U.S. grains: Corn slumps on planting progress, soy up on tight supply
U.S. grains: Soybeans jump from one-month low
Chicago | Reuters — U.S. soybean futures rebounded from three days of losses on Thursday and rose more than one per cent in a technical and short-covering bounce and corn firmed as investors squared positions ahead of a monthly crop report scheduled for release on Friday. Wheat futures retreated on profit-taking after hitting a 13-month […] Read more
U.S. grains: Wheat surges on dry weather concerns, Ukraine tension
Chicago | Reuters –– U.S. wheat futures jumped nearly two per cent on Thursday on concerns about dry conditions in the U.S. Plains winter wheat belt and some key production areas of Western Europe as well as worries about tensions in eastern Ukraine. Soybeans bounced back on bargain-buying after shedding more than three per cent […] Read more
U.S. grains: Corn gains on firm cash market, rain-delayed planting
Chicago | Reuters — U.S. corn futures advanced for a second straight session on Wednesday, adding more than one per cent on firm cash markets and as cooler and wetter weather in the central U.S. stalled planting of the crop in the western corn belt. Soybeans were mixed, with nearby prices pressured by spread trading […] Read more
U.S. livestock: CME hogs tumble on slowing pork demand, weak cash market
Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures tumbled Tuesday on slowing demand for pork, in a session disrupted by technical problems that halted trading on the exchange’s Globex electronic platform near the close. Before Globex was restored nearly an hour later, brokers were forced to execute orders in the exchange’s open-outcry trading […] Read more
U.S. grains: Soybeans hit five-month high on oilseed supply worries
Chicago | Reuters — U.S. soybean futures rallied nearly one per cent to a five-month peak on Friday on concern about yield-cutting weather in South America and firm global oilseed markets. Corn futures fell for the first time in six sessions in a profit-taking setback ahead of the weekend and as weekly export sales data […] Read more
U.S. grains: Soybeans slip from five-month peak; corn, wheat rally
Chicago | Reuters — U.S. soybean futures eased from a five-month high on Wednesday on profit-taking and as improved crop weather in Brazil soothed concerns about dry weather cutting production from the world’s top exporter. Corn futures jumped one per cent to a five-month peak on short-covering support and as investors expected the U.S. Department […] Read more
U.S. grains: Soybeans surge on firm soyoil, S. American weather
Chicago | Reuters — U.S. soybean futures surged to a five-month high on Tuesday on robust demand and concerns about smaller crops in key exporters Brazil and Argentina due to adverse weather. Short covering lifted wheat for a third straight session amid strong cash prices and tight domestic stocks following stronger-than-anticipated export demand this season. […] Read more
U.S. grains: Wheat sinks on profit-taking, big exports buoy soybeans
Chicago | Reuters — U.S. wheat futures slid nearly one per cent on Friday in a profit-taking setback following the steepest rally in three months the previous session on worries that a cold snap in the Midwest and Plains could damage the dormant winter crop. Soybeans rebounded from early session losses as strong U.S. export […] Read more
U.S. grains: Soybeans rebound from two-month low
Chicago | Reuters –– U.S. soybeans closed mostly higher on Wednesday as good near-term demand and firm cash soymeal prices enticed bargain hunters after earlier pressure stemming from technical selling and improving South American crop prospects. Corn rose modestly for a second consecutive day as frigid weather around the U.S. Midwest curbed grain movement and […] Read more
Cyber-Savvy Farmer
