Reuters — Nearby U.S. soybean futures climbed to a one-week high on Friday as U.S. processors scrambled to find scarce old-crop supplies, with the start of the next harvest still at least a month away in the Midwest. MGEX spring wheat futures touched a two-week high amid concerns about excessive rains hurting crops in key […] Read more
GRAINS: Nearby soy rallies on low old-crop supply; MGEX wheat jumps
U.S. grains: Markets rebound from losses, contract low in soy
Chicago | Reuters — U.S. grain futures edged higher on Thursday in a rebound from losses the previous session, with solid export sales helping to support the recovery. Soybeans settled mixed, after the new-crop contract matched a contract low set on Wednesday on expectations of bumper U.S. harvests. Expectations for massive U.S. crops continued to […] Read more
U.S. grains: New-crop soy hits contract low as tour sees big yields
Chicago | Reuters — New-crop U.S. soybean futures touched a new contract low on Wednesday and corn slid as a closely watched crop tour projected hefty U.S. yields in key states and forecasts for rain fuelled massive harvest expectations. Wheat retreated from gains on Tuesday as concerns eased about the risk of reduced supplies from […] Read more
U.S. grains: Wheat rises on Ukraine supply concerns
Chicago | Reuters — U.S. wheat futures advanced on Tuesday on concerns about reduced supplies from Ukraine, a major exporter, while new-crop soybeans slipped as a widely watched crop tour projected bumper U.S. harvests. Traders focused on Ukraine, expected to be the world’s second-largest grain exporter in the 2014-15 marketing year, as a spokesman for […] Read more
U.S. grains: Wheat dips on easing Black Sea fears
Chicago | Reuters — U.S. wheat futures slid on Monday, giving back some of the strong gains made in the previous two sessions as fears of potential supply disruptions from the Black Sea region eased. New-crop corn futures dropped as a private U.S. crop tour reported large yield potential, while soybeans inched higher. Tensions between […] Read more
U.S. railcar crunch makes crop storage critical: CHS chief
Chicago | Reuters — The U.S. transportation network is inadequate to cope with bumper crops due to be harvested this season, creating a critical role for storage operations, the head of CHS Inc., a leading agricultural co-operative, said Friday. Farmers, who had already struggled with a tight supply of railcars delivering fertilizer this spring, will […] Read more
U.S. grains: Wheat jumps; corn posts biggest weekly rise in months
Chicago | Reuters –– U.S. wheat futures jumped on Friday on concerns that rising tensions between Ukraine and Russia will disrupt wheat shipments from the two key exporters, while corn posted its biggest weekly gain in five months. Worries about disruptions to Black Sea grain exports sparked a round of short-covering among wheat traders who […] Read more
U.S. grains: New-crop soy rises from contract low
Chicago | Reuters — New-crop U.S. soybean futures rebounded on Thursday from a contract low set earlier in the session, while corn topped a one-week high in a recovery from recent losses and wheat futures ended a five-day slide. Traders took profits on previously sold, or short, positions after crop prices came under pressure earlier […] Read more
U.S. grains: Soy dips as harvest expected to exceed forecasts
Chicago | Reuters — U.S. soybean futures dipped Wednesday on expectations that autumn harvests will exceed government forecasts due to favourable weather, while new-crop corn bounced from a contract low set the previous session. Forecasts for rain in some of the drier areas of the U.S. Midwest raised expectations that the U.S. Department of Agriculture […] Read more
Zoetis plans vaccine against PEDv
Chicago | Reuters — Zoetis Inc., the world’s largest animal-health company, plans to seek U.S. approval before the end of this year to sell its vaccine against a virus that has killed about 13 per cent of the U.S. hog herd. If approved, the new drug would rival the only vaccine available so far. Zoetis, […] Read more
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