CNS Canada — As the price of oil falls and wheat surges in price due to volatility in Russia, investors in corn and soybean markets are looking to China for near-term direction just days before the calendar year comes to an end. Corn futures at the Chicago Board of Trade finished higher during the week […] Read more
CBOT weekly: Chinese demand weighs on corn, soy
U.S. grains: Wheat hits six-month top on worries over Russian exports
Chicago | Reuters –– Chicago Board of Trade wheat futures climbed to a six-month high Tuesday on lingering fears that Russia might seek to curb grain exports as a result of pressure on the rouble. Soybeans fell on improving South American crop prospects and softening values for soymeal while corn retreated from multimonth highs set […] Read more
U.S. grains: Soybeans fall in profit-taking despite smaller USDA stocks outlook
Chicago | Reuters –– U.S. soybeans fell more than one per cent on Wednesday, reversing a one-month high in a profit-taking sell-off following a U.S. Department of Agriculture report that showed smaller-than-expected ending stocks of beans. Corn and wheat futures also eased at the Chicago Board of Trade, with corn hitting session lows in the […] Read more
U.S. grains: Soybeans top one-week high, corn retreats from gains
Chicago | Reuters — Concerns about tight U.S. soy supplies drove soybean futures to their highest level in more than a week on Monday, while corn futures retreated for the first time in four sessions. Wheat rose on technical and fund-driven buying. Soybeans advanced on strong demand for soymeal and expectations that the U.S. Department […] Read more
U.S. grains: Soybeans surge to one-week high on export demand, meal strength
Reuters — Soybeans climbed to a one-week high on Friday with a boost from strong export demand and meal prices, ahead of a key U.S. government crop report next week. Corn also advanced on spillover support from soybeans and export demand, while wheat futures rose on technical buying and in sympathy with corn and soybeans. […] Read more
U.S. grains: Strong exports fuel corn, soy rally
Chicago | Reuters — Soybean and corn futures rose on Thursday on an export report that showed recent price declines have sparked strong overseas demand for U.S. commodities, traders said. “The exports have been pretty good for the last two or three weeks,” said Bill Gentry, broker at Risk Management Commodities. “Most of the guys […] Read more
U.S. grains: Soy, corn plunge on South American weather, technicals
Chicago | Reuters — U.S. soybean futures dropped 2.1 per cent to their lowest in more than five weeks on Tuesday on good conditions for growth in Brazil and Argentina, technical pressure and a steep decline in soyoil prices, traders said. The South American weather also weighed on corn futures, while wheat backed off on […] Read more
U.S. grains: Corn, soy rebound from two-week lows on exports
Chicago | Reuters –– U.S. corn and soybean futures jumped as much as two per cent on Thursday, rebounding from two-week lows reached in the previous session, in a rally tied to technical buying and renewed export demand for the crops. Chicago Board of Trade corn rose for the first time in five sessions, while […] Read more
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