U.S. wheat futures rallied to their highest point in more than two months before the session closed on Monday as crop weather concerns in the Northern Hemisphere supported prices and triggered technical buying and short covering, which accelerated the climb, analysts said.
U.S. grains: Wheat futures rally as weather risks rattle markets
Fund traders back adding to short positions in canola
The net managed money short position in canola grew for the first time in seven weeks as fund traders put on fresh bearish bets in mid-April, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
U.S. grains: Soy, corn futures rally on bargain buying, geopolitical tensions
U.S. corn and soybean prices rose on Friday as heightened geopolitical tensions spurred a round of bargain buying after the benchmark contracts in both markets fell to their lowest levels in more than six weeks, traders said.
Prairie Wheat Weekly: Weaker loonie generates increases
There were small to modest gains in wheat prices on the Canadian Prairies for the week ended Apr. 18. Canadian Western Red Spring Wheat, Canada Prairie Red Spring Wheat, and Canadian Western Amber Durum made advances despite losses in the United States wheat complex.
U.S. grains: Soybeans fall on South American supply, dry weather supports wheat
U.S. soybean and corn futures closed lower on Thursday after touching six-week lows, with both markets facing pressure from hefty South American supplies, traders said.
U.S. grains: Soybeans edge higher as Brazilian market firms
U.S. soybean futures rose on Wednesday, bouncing on a round of bargain buying after the most-active July contract SN24 hit a six-week low, buoyed in part by firming Brazilian soy markets, analysts said.
U.S. grains: Soybeans ease under pressure from firm dollar
Chicago Board of Trade soybean futures extended their fall on Tuesday as a strong dollar weighed down the market, analysts said.
U.S. grains: Markets react calmly to Iran drone attack on Israel
Grain, soy futures end lower; USDA winter wheat ratings decline
CBOT soy, corn and wheat futures closed lower on Monday, anchored by ample grain supplies, slow export demand and a decline in crude oil futures after concerns eased about Iran's weekend drone attack on Israel, analysts said.
U.S. grains: Soybean futures rally, defying bearish USDA report
Chicago Board of Trade grain and soybean futures rallied on Friday on money flow from managed funds, rising demand and weather concerns, analysts said.
U.S. grains: Corn futures drop despite lower US supply numbers
Chicago corn futures dipped on Thursday after the U.S. Department of Agriculture projected domestic ending stocks will remain at a five-year high, despite a reduction from last month.