U.S. grains rallied on Tuesday, with corn and soybeans each gaining more than one per cent and rebounding from steep losses on tight supply concerns ahead of a government crop report due on Wednesday. Wheat futures also rose for the first time in five sessions, as Japan announced its first feed wheat tender following the […] Read more
U.S. corn, soy jump in bull spreading ahead of report
U.S. corn down most in a month on warmer forecast
U.S. corn futures plunged two per cent on Monday, the most in about a month, as forecasts for warmer weather promised good growing conditions in the Midwest crop belt and snapped a streak of four sessions without a decline. Wheat and soybean futures followed declines in corn at the Chicago Board of Trade, with wheat […] Read more
U.S. soy jumps on tight stocks, notching weekly gain
U.S. soybean futures jumped more than one per cent on Friday while corn fell early and then trimmed losses as tight domestic supplies and strong cash markets prompted investors to cover short positions. Other financial markets also supported agriculture futures. Crude oil rose sharply and the Thomson Reuters-Jefferies index of 19 commodities hit a three-week […] Read more
U.S. corn up on tight stocks, planting delays
U.S. corn futures surged two per cent to their highest levels in more than a month on Thursday, boosted by tight supplies and by a wet spring that may cause corn acres to be switched to soybeans. Wheat futures also gained as an annual crop tour surveyed fields damaged by drought and freezing temperatures. The […] Read more
U.S. soy slips on slow Chinese growth, U.S. import rumours
U.S. soybeans fell nearly two per cent on Wednesday, the biggest daily decline in a month, after data showed an unexpected slowdown in economic growth in top commodities buyer China, while traders cited rumours that beans from South America may be imported into the United States. Wheat and corn futures also lost ground as investors […] Read more
U.S. wheat jumps two per cent on damage concerns
U.S. wheat surged two per cent on Tuesday, with benchmark futures at the Kansas City Board of Trade climbing to the highest level in seven weeks on concerns scouts on an annual crop tour will find freeze-damaged fields in the top growing state of Kansas. Corn and soybean futures each lost ground as investors at […] Read more
Corn rises most since July on U.S. planting delays
U.S. corn futures jumped six per cent on Monday for their biggest gains since July, bolstered by a historically slow start to the planting season in the world’s top food exporter while weakness in the dollar spurred investment buying across commodities. Corn futures rose their US40-cent daily trading limit while wheat and soybeans posted their […] Read more
U.S. corn down most in 10 months, stockpile tops estimates
U.S. corn futures dropped more than five per cent for their biggest daily loss since May on Thursday after a government crop report showed the stockpile of the grain larger than analysts expected. Wheat futures fell the most in about 1-1/2 years and soybeans the most since September in the wake of the U.S. Department […] Read more
Cold start to spring slows demand for high-quality U.S. beef
Reading Time: 2 minutes Reuters / Persistently cold weather and snowfall on the first day of spring have crimped demand for high-quality cuts of beef in the United States at a time of year that typically sees increased purchases for so-called grilling season, analysts and traders said March 21. In a rare move, wholesale prices for choice-grade beef dipped […] Read more
U.S. corn touches seven-week high on plunge in ethanol stocks
U.S. grains rose on the eve of a major crop report, with corn futures notching a seven-week high on Wednesday after the ethanol stockpile plunged to the lowest level since December 2011. Wheat futures rallied to a five-week high while soybeans trimmed earlier losses to touch a two-week top. Government data showed production of the […] Read more
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