Chicago | Reuters — Chicago soybeans and corn climbed on Monday after a U.S. farm survey predicted smaller crop production than government forecasts due to hot, dry conditions across the U.S. Midwest. Wheat dipped on weak demand for U.S. crops, coupled with competition from cheap Russian supplies. Chicago Board of Trade most-active soybeans gained 18 […] Read more
U.S. grains: Corn, soybeans climb as U.S. crop concerns grow
Crop tour forecasts crops below USDA estimates
U.S. grains: Soybeans climb on weather risk, export demand
Pro Farmer tour predicts corn, soy crops below USDA estimate
Chicago | Reuters — Chicago soybeans climbed on Friday, bolstered by extreme heat and mixed results on the final day of a Midwest crop tour. Corn traded much of the day mixed, ending just under even as crop production remains robust, despite recent yield-eroding weather. Wheat fell as global supplies remain plentiful, though signs of […] Read more
U.S. grains: Soybeans up as heat risk in focus
Weak demand erodes corn, wheat
Chicago | Reuters — Chicago soybean futures firmed for a second straight session on Thursday, supported by strong exports and supply uncertainty as hot, dry weather cast uncertainty over U.S. prospects. Corn inched down as the market assessed results from this week’s Pro Farmer crop tour. Wheat eased as traders weighed strong global supplies against […] Read more
U.S. grains: soybeans end higher amid extreme heat, crop tour findings
Wheat ticked higher as traders assessed the latest Russian attack on a Ukrainian grain port
Chicago | Reuters – Chicago soybean and corn futures firmed on Wednesday, supported by hot, dry conditions that compound signs of stress found in initial results of a widely followed U.S. Midwest field tour. Wheat also ticked higher as traders assessed the latest Russian attack on a Ukrainian grain port and monitored North American spring […] Read more
CBOT weekly outlook: damage from extreme heat immediately unknown
CBOT largely ignored the latest machinations in the Russia-Ukraine war that could change quickly: analyst
MarketsFarm – Prices at the Chicago Board of Trade could increase if there’s heat damage to the United States corn and soybean crops, according to Tom Lilja of Progressive Ag in Fargo, North Dakota. During the week of Aug. 21 to 25 a heat dome formed over much of the U.S. Midwest with temperatures pushing […] Read more
U.S. grains: Soy, corn fall on crop tour’s promising early reports
Egypt wheat tender signals demand
Chicago | Reuters — Chicago soybeans fell on Tuesday as above-average crop scouting during a Midwest tour outweighed hot, dry weather in U.S. growing belts. Corn was also pressured by promising early crop tour results, but found support in a recent spate of export sales. Wheat ended higher as global demand remains strong, though an […] Read more
U.S. grains: Soybeans run up to three-week high on hot, dry weather
Wheat eases on Ukrainian export efforts
Chicago | Reuters — Chicago soybeans rose for a fourth straight session on Monday, reaching a three-week high as hot, dry U.S. conditions fueled concerns over crop stress. Wheat fell as Ukraine sought new Black Sea avenues for export, adding pressure to corn futures. Markets were awaiting results from the annual Pro Farmer crop tour, […] Read more
Prairie cash wheat: Spring wheat bids drop with U.S. futures
Crop concerns supportive for durum
MarketsFarm — Spring wheat bids in Western Canada fell in sympathy with U.S. futures during the week ended Thursday, although durum climbed higher on the back of production concerns in key durum-growing areas of southern Saskatchewan. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $7.60-$9.70 per tonne across […] Read more
U.S. grains: Wheat futures rally on war concerns
Soy jumps on U.S. heat wave; corn up off 2020 low
Chicago | Reuters — Chicago Board of Trade wheat futures jumped nearly four per cent on Friday as a drone attack on Moscow revived concerns over the risk of war disruptions to Black Sea grain exports, analysts said. Soybean futures advanced for a third session to reach a July high as a hot, dry U.S. […] Read more
U.S. grains: Soybeans advance on hot, dry forecast
Corn overcomes pressure over Mexico spat
Chicago | Reuters — Chicago Board of Trade soybean futures approached a two-week high on Thursday on concerns that hot, dry weather in forecasts could reduce the upcoming U.S. harvest. The U.S. has little room for crop losses due to unfavourable weather because the government already projects tight soybean supplies, analysts said. Some worries over […] Read more
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