Chicago | Reuters — U.S. wheat futures rose about four per cent on Monday, supported by a lower-than-expected official forecast of U.S. supply next season and doubts over the renewal of a deal on the shipping corridor from Ukraine before a deadline this week. Corn and soybean futures also advanced, supported by strength in wheat […] Read more
U.S. grains: Wheat rises four per cent on U.S. crop outlook
Chicago corn, soy futures climb
Canola fund short position narrows slightly in early May
Traders reduce net long in soybeans
MarketsFarm –– Fund traders were buying back short positions and putting on some new longs in the canola futures market during the first full week of May, causing the net short position to narrow in slightly, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of May […] Read more
U.S. grains: CBOT wheat gains on small harvest outlook
Corn, soybeans mostly lower
Chicago | Reuters — U.S. wheat futures rose on Friday, with traders focused on forecasts for crop shortfalls in the drought-stricken U.S. Plains, while corn and soybeans were mostly lower on a government outlook for record-large harvests of both crops. K.C. hard red winter wheat futures posted the biggest gains, surging more than four per […] Read more
U.S. grains: Bargain buying pulls soy up off lows
CBOT wheat, corn weak
Chicago | Reuters — Chicago Board of Trade soybean futures rose on Thursday, snapping a three-session losing streak as a wave of bargain buying hit the market after prices sank to their lowest in 6-1/2 months, traders said. Corn and wheat futures fell, with poor demand for U.S. supplies pushing prices toward lows hit earlier […] Read more
U.S. grains: Corn futures firm; wheat, soybeans lower
Black Sea deal concerns supportive for wheat
Chicago | Reuters — U.S. corn futures rose on Wednesday, their fifth day of gains in the last six sessions, on signs of strength in the cash market, traders said. Soybean futures ended lower as the market faced pressure from weakness in the crude oil market, as well as a fast pace of planting in […] Read more
U.S. grains: CBOT corn, soy, wheat fall on bearish weather
U.S. soy planting seen at near-record pace
Chicago | Reuters — Chicago Board of Trade corn and soybean futures dropped on Tuesday, under pressure from a fast pace of planting across key production areas of the U.S. Midwest and an outlook for good growing weather once seeding is finished, traders said. Soft red winter wheat futures also weakened, with the benchmark CBOT […] Read more
U.S. grains: Chicago soy dips, corn flat as planting progresses
No agreement yet to extend Ukrainian export shipping
Mexico City | Reuters — Chicago soybeans ended down and corn was flat on Monday, as U.S. planting progressed ahead of last year and uncertainty over whether Ukraine’s safe shipping agreement for grain exports will be extended with the deal set to expire on May 18. Corn, one of the crops exported out of Ukraine, […] Read more
Prairie cash wheat: U.S. futures lift spring wheat bids
Durum prices down on week
MarketsFarm — Western Canadian spring wheat bids were the beneficiaries of rising U.S. futures prices for the week ended Thursday. Wheat futures on the Chicago Board of Trade (CBOT) were under pressure early in the week due to healthy yet ineffective rains over wheat-growing areas in the U.S. The U.S. Department of Agriculture raised the […] Read more
U.S. grains: Chicago grains end week up as no new Black Sea ships authorized
Markets also have eye toward U.S. crop report
Mexico City | Reuters — Chicago grains and soy ended the week higher on Friday as hopes dimmed for the renewal of a U.N.-brokered deal allowing the safe Black Sea exports of Ukraine grain. Ukraine, Russia, Turkey and the United Nations failed to reach an agreement to authorize any new vessels to carry out Black […] Read more
U.S. grains: Chicago wheat up on Black Sea deal doubts
Cancelled China sales weigh on corn prices
Mexico City | Reuters — Chicago wheat hit a one-week high and closed up on Thursday as markets cautiously eye developments on the Black Sea grains corridor following a wave of fresh tensions between Russia and Ukraine. Corn clawed back some ground lost early in the day to close nearly flat after news of cancelled […] Read more
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