Chicago | Reuters – Chicago soybean futures turned higher on Wednesday on technical buying and continued hopes of stronger Chinese demand, analysts said, with the benchmark contract heading back toward a two-month peak set last week. Wheat rose on what appeared to be fund-driven short-covering, while corn futures sagged in choppy trade. Chicago Board of […] Read more
U.S. grains: Soybeans turn higher as traders weigh China demand; wheat climbs
CBOT weekly: Little chance of February rally in corn/soybeans
Updated supply demand estimates from the United States Department of Agriculture, released Feb. 10, included only minor adjustments and provided little direction for the corn and soybean markets headed through the slow February trading period.
U.S. grains: Soy futures pull back as Brazil harvest advances
Chicago | Reuters – U.S. soybean futures fell on Monday on profit taking after a rally last week drove prices to a two-month high well above $11 a bushel, tied to U.S. President Donald Trump’s remarks that China may buy more beans from the United States. The expanding harvest of a record-large Brazilian soybean crop […] Read more
U.S. grains: Soybeans continue gains on Trump’s China comments
Chicago | Reuters – Chicago Board of Trade soybeans continued a three-day rally on Friday, fuelled by President Donald Trump’s remarks on Wednesday that China would buy more U.S. soybeans. Corn and wheat chopped up and down, though ample global supply continued to curb grain prices while traders turned their attention to a U.S. Department […] Read more
U.S. grains: Soy rally continues after Trump says China to expand purchases
Chicago | Reuters – Chicago soybeans extended gains on Thursday, a day after U.S. President Donald Trump said China had raised a target for U.S. soybean purchases under a trade truce. Corn and wheat ticked up with spillover support from soybeans, though a firmer dollar and easing weather concerns capped the cereal markets. Soybeans rallied […] Read more
CBOT Weekly: Additional soybean purchases strengthen U.S. soy
There were good gains for the Chicago soy complex during the week ended Feb. 4, due to positive news that Wednesday.
U.S. grains: Chicago soybeans jump to two-month high on Trump comments
Chicago | Reuters – Chicago Board of Trade soybean futures hit a two-month high on Wednesday following comments by U.S. President Donald Trump about China buying more U.S. soybeans, traders said. In a post on his Truth Social platform, Trump said China is “lifting the Soybean count to 20 Million Tons for the current season […] Read more
U.S. grains: Chicago corn, soy prices recover on updated biofuel guidance
Chicago | Reuters – Chicago grain and soybean futures regained ground on Tuesday as a selloff in commodity markets subsided and after the U.S. Treasury Department released updated guidance on biofuel tax credits, analysts said. The most-active soybean contract on the Chicago Board of Trade Sv1 settled 5-1/2 cents higher at $10.65-3/4 a bushel, recovering […] Read more
U.S. grains: Soybeans, wheat, corn end lower on broad commodities slump
Chicago | Reuters – Chicago Board of Trade soybeans, wheat and corn futures fell on Monday, tracking a slump in broader commodities markets, particularly falling crude oil prices. Chicago Board of Trade most-active soybeans Sv1 settled down four cents to $10.60-1/4 a bushel. Wheat Wv1 closed 10-1/4 cents lower at $5.27-3/4 a bushel, and corn […] Read more
U.S. grains: Chicago grain prices fall amid profit-taking and dollar rebound
Chicago | Reuters – Chicago corn, soybean and wheat futures fell on Friday, pressured by profit-taking and a rebound in the U.S. dollar, after the greenback reached a four-year low on Tuesday. Market participants were adjusting positions at the end of the month and after a volatile trading week that saw record-high precious metal prices […] Read more
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