Chicago | Reuters — U.S. soybean futures fell on Wednesday to their lowest level in nearly two months, pressured by a retreat in global vegetable oil prices from multi-year highs, analysts said. Corn and wheat futures ended mixed, with the nearby July corn and wheat contracts closing higher, while back months declined. Chicago Board of […] Read more
U.S. grains: Soybeans down with vegetable oil prices
Chicago July corn, wheat up
U.S. grains: Corn, soy drop; soyoil limit-down
Spring wheat futures guide wheat markets lower
Chicago | Reuters — U.S. corn and soybean futures eased and soyoil futures plunged by their daily trading limit on Friday on concerns about demand for renewable fuel feedstocks after news the White House was considering offering fuel refiners relief from biofuel blending mandates. The Reuters report that the U.S. Environmental Protection Agency was pondering […] Read more
U.S. grains: Soybean futures fall, corn firm ahead of USDA report
CBOT, MGEX July wheats down; K.C. wheat up
Chicago | Reuters — U.S. soybean futures dropped 1.2 per cent on Wednesday, pressured by a round of profit-taking and weakness in the cash market, traders said. Wheat futures also were mostly lower after rain in the northern U.S. Plains eased some concerns about parched soils limiting the size of the crop. Corn futures were […] Read more
U.S. grains: Midwest forecast supports gains in soy, corn
CBOT wheat up, MGEX wheat down
Chicago | Reuters — U.S. corn and soybean futures rose on Tuesday after a government report showed that the condition of crops was worse than expected as a heat wave hit the U.S. Midwest. “Yesterday’s Crop Progress report provided plenty of fodder for the bulls,” Matt Zeller, director of market information at StoneX, said in […] Read more
U.S. grains: Corn, soybeans mixed as traders eye weather
MGEX wheat down off highs on Prairie rains
Chicago | Reuters — U.S. corn and soybean futures ended mixed on Monday, with old-crop contracts easing on some profit taking while new-crop contracts rose on concerns that hot and dry conditions in key growing areas of the U.S. Midwest could threaten crops as they pass through key stages of development, traders said. “Forecasters expect […] Read more
CBOT weekly outlook: Higher spring wheat all about dry North Dakota
MarketsFarm — As heat and dryness prevail across North Dakota, prices for Minneapolis (MGEX) spring wheat will continue to rise, according to broker Ryan Ettner of Allendale Inc. at McHenry, Ill. Ettner pointed to the weekly crop progress report from the U.S. Department of Agriculture that showed the condition of spring wheat in North Dakota […] Read more
U.S. grains: Corn futures drop on crop ratings
Soy rises, wheat mixed
Chicago | Reuters — Chicago Board of Trade corn futures dropped 2.8 per cent on Wednesday, pressured by a government report that showed the condition of the U.S. crop was better than expected, traders said. Wheat futures were mixed, with contracts that track U.S. winter wheat falling while spring wheat rallied to a four-year high […] Read more
U.S. grains: Hot, dry weather view sparks rallies
Corn, soybeans, wheats up
Chicago | Reuters — U.S. corn, soybean and wheat futures rallied on Tuesday, supported by concerns that crops will face stress from adverse weather during the next few weeks. “The grains exploded out of the gates last night and remain double-digits higher… as forecasts turn hot and dry through mid-month,” Arlan Suderman, chief commodities economist […] Read more
U.S. grains: Corn eases after volatile week
Wheat, soybeans also ease after tracking corn rally
Chicago | Reuters — Chicago corn eased on Friday, after a strong rebound a day earlier as the market weighed up strong Chinese demand against U.S. growing conditions. Wheat and soybeans also edged lower, though spring wheat futures on the Minneapolis Grain Exchange (MGEX) climbed as a cold front hitting much of the U.S. Midwest […] Read more
U.S. grains: Corn and soy mixed, wheat down
Wheats lower on weather view for U.S. Plains
Chicago | Reuters — U.S. soybean and corn futures closed mixed on Monday, with nearby contracts firming on support from tight supplies and strength in the cash market, while forecasts for warm weather that will boost crop development in the U.S. Midwest pressured new-crop issues, traders said. “The outlook warmed up for the Midwest over […] Read more
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