Chicago | Reuters — U.S. wheat futures surged 5.2 per cent to their highest in nearly two months on Monday after a weekend snow storm in key production areas raised concerns about severe crop damage, traders said. Corn and soybean futures also rallied, with wet fields across the U.S. Midwest threatening to add further delays […] Read more
U.S. grains: Corn, soy, wheat rally after weekend weather woes
U.S. grains: Corn, soy fall on dry weather forecast
Chicago | Reuters — U.S. corn and soybean futures fell on Friday on the prospect of dry weather for key Midwest production areas in early May, which would give farmers access to fields during a crucial planting window, traders said. Wheat futures firmed, hitting their highest level in more than a week on concerns about […] Read more
CBOT weekly outlook: Corn, soy brace for ‘volatile’ report
CNS Canada — As traders count down the hours to the U.S. Department of Agriculture’s prospective plantings report on Friday, a small camp is closely watching a weather situation in the U.S. South. Showers and thunderstorms have moved across much of the U.S. southern Plains and are expected to move into the U.S. Midwest soon. […] Read more
U.S. grains: Soy weakens, corn gains ahead of USDA report
Chicago | Reuters — U.S. soybean futures closed lower on Wednesday, while corn and wheat prices edged higher as investors squared positions ahead of U.S. Department of Agriculture plantings and grain stocks data on Friday, traders and analysts said. Soybean futures fell to the lowest levels since October and corn and wheat each held above […] Read more
U.S. grains: Wheat, corn, soy fall to fresh 2017 lows
Chicago | Reuters — U.S. wheat, corn and soybean futures fell to their lowest this year on Monday, pressured by abundant global grain and oilseed supplies and outlooks for crop-friendly rain in the southern Plains wheat belt, traders said. Wheat futures led the way down. K.C. hard red winter wheat futures, which reflect the variety […] Read more
U.S. grains: Crop prospects drag on soybeans
Chicago | Reuters — U.S. soybean futures weakened on Wednesday, with prospects for bumper harvests in South America and record U.S. plantings weighing on the beaten-down market, traders said. Corn and wheat futures also closed in negative territory. Both grains have fallen for three days in a row. The outlook for rain in the U.S. […] Read more
U.S. grains: Wheat, corn fall to multi-week lows
Chicago | Reuters — U.S. wheat futures dropped to their lowest level in more than six weeks on Tuesday, their second straight day of declines, as weather forecasts bolstered expectations for strong yields adding to already-abundant supplies in the coming weeks, traders said. Corn futures also fell, hitting their lowest since Feb. 1, on pressure […] Read more
U.S. grains: Wheat drops on outlook for Plains rains
Chicago | Reuters — U.S. wheat futures fell on Monday, led lower by a 1.9 per cent drop in K.C. hard red winter wheat amid forecasts for improving weather for crop development in key U.S. growing areas. “The U.S. Plains were dry over the weekend, but the next precip(itation) chance is on the way later […] Read more
U.S. grains: Wheat falls on rain prospects for Plains
Chicago | Reuters — U.S. wheat futures fell more than two per cent on Monday on improving weather forecasts for the southern Plains winter wheat belt, analysts said. Corn followed wheat down and nearby soybean futures closed fractionally lower after a choppy session. Chicago Board of Trade May wheat settled down 10 cents at $4.30-1/2 […] Read more