Chicago | Reuters –– U.S. soybean futures fell to multi-year lows on Wednesday in a broad-based commodities selloff and as widespread rains in the U.S. Midwest were expected to boost yields. Wheat hit lows for several contract months, pressured by sluggish demand and hefty global supplies, but ended above session lows. Corn, however, notched modest […] Read more
U.S. grains: Soybeans drop to near six-year low on rains
U.S. grains: Soybeans drop on rainy U.S. Midwest outlook
Chicago | Reuters — U.S. soybean futures fell 1.5 per cent on Tuesday, pressured by concerns about cooling demand from top importer China and forecasts for rain in the U.S. Midwest at a key point in the crop’s development. Corn firmed as a weekly U.S. Department of Agriculture report showed a slight decline in the […] Read more
U.S. grains: Midwest’s weather weighs down corn, soybeans
Chicago | Reuters –– U.S. soybean futures were slightly higher on Monday as early support from government data on unplanted acres was largely offset by pressure from a rainy U.S. Midwest forecast that should bolster the crop at a key stage of development. Corn closed weak, anchored by favourable crop weather, while wheat shed more […] Read more
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