Chicago | Reuters — Chicago Board of Trade soybean futures rose 1.5 per cent on Monday, bouncing back from their lowest in more than five weeks on a round of technical buying and signs that Chinese demand for export supplies was picking up, traders said. Wheat futures dropped, their fourth straight losing session, falling through […] Read more
U.S. grains: Soy futures rise as trade fears ease
U.S. grains: Soybeans to one-month low on technicals, trade worries
Chicago | Reuters — U.S. soybean futures fell to their lowest level in a month on Friday on a mix of technical selling ahead of the weekend and uncertainty about how trade disputes would affect exports, analysts said. Wheat and corn also fell, pressured by long liquidation and bearish data in Thursday’s supply/demand reports from […] Read more
U.S. grains: Wheat slips on bearish USDA crop forecast
Chicago | Reuters — Chicago Board of Trade wheat futures fell to a near two-week low on Thursday after the U.S. Department of Agriculture’s first official estimate of the 2018-19 U.S. wheat harvest came in above trade expectations. Soybean futures rose, while corn followed wheat lower. CBOT July wheat settled down four cents at $5.06-1/2 […] Read more
CBOT weekly outlook: Corn, soy react fittingly to USDA reports
CNS Canada — Traders had a lot to sort through with two big U.S. Department of Agriculture (USDA) reports released Thursday, but at a glance the markets reacted accordingly, according to one trader. USDA on Thursday released its world agricultural supply and demand estimates (WASDE) and crop production reports. “The market reaction, I think, was […] Read more
U.S. grains: Wheat, soy, corn lower ahead of monthly USDA reports
Chicago | Reuters — U.S. wheat futures fell to a one-week low on Wednesday on position-squaring ahead of a monthly crop report from the U.S. Department of Agriculture and forecasts for welcome rains in Russia’s crop belt, analysts said. Soybean and corn futures were also lower ahead of the USDA’s report, while soyoil futures firmed, […] Read more
U.S. grains: Soy, corn firm on weather worries, bargain buying
Chicago | Reuters — U.S. soybean and corn futures rose Tuesday on bargain hunting following Monday’s sharp declines, and worries about wet forecasts slowing planting in portions of the northern Midwest, analysts said. U.S. wheat futures finished mixed, with Chicago Board of Trade soft red winter wheat futures rising while K.C. hard red winter wheat […] Read more
U.S. grains: Soy hits one-month low as soymeal falls
Chicago | Reuters — U.S. soybean futures fell to a one-month low Monday as soymeal tumbled for a fourth straight session, pressured by long liquidation and easing concerns about a crop shortfall in Argentina, analysts said. Wheat declined in largely technical moves, with traders taking profits after last week’s multimonth highs. Corn followed the weak […] Read more
U.S. grains: Soybeans stumble as U.S.-China trade talks disappoint
Chicago | Reuters — U.S. soybean futures fell on Friday on disappointment that trade talks did not move Washington and Beijing closer to a deal to resolve the mounting dispute that has crimped U.S. crop sales to China. Prices retreated after a one per cent rise on Thursday that was fueled by “unfounded rumours” the […] Read more
U.S. grains: Wheat, corn hit multimonth highs
Chicago | Reuters — U.S. wheat futures climbed to multimonth highs Thursday on a mix of short-covering and worries about the size of the hard red winter wheat crop in top producer Kansas, traders said. Soybeans rose, staging a late-session rally that some traders attributed to optimism about the outcome of U.S. trade talks with […] Read more
CBOT weekly outlook: Limited upside seen for U.S. soybeans
CNS Canada — It’s a fluid set of circumstances for the U.S. soybean market these days as U.S. negotiators head to China in a bid to get proposed tariffs lowered on U.S. imports — but the potential for any major rally appears limited. “I would say the beans have a more limited upside than the […] Read more
Cyber-Savvy Farmer
