Chicago | Reuters –– U.S. soybean futures fell on Wednesday on concerns about decreased export demand from China as well as rising expectations for a bumper crop in Brazil, traders said. Wheat futures were mixed. Soft red winter wheat offerings eased after a rally on Tuesday while hard red winter wheat contracts rose due to […] Read more
U.S. grains: Soybeans drop on bleak export view
U.S. grains: Corn, wheat climb on weather worries
Chicago | Reuters — U.S. corn futures climbed to a nine-month peak Monday on worries about U.S. Midwest planting delays as more rain is expected across the region this week and dry weather stoked concerns over South American corn production. U.S. wheat futures also rallied as dry conditions stressed winter wheat in the southern Plains […] Read more
U.S. grains: Soymeal leads soybean futures higher
Chicago | Reuters — Chicago Board of Trade soybean futures jumped 1.7 per cent on Friday, their fourth straight day of gains, on expectations that the U.S. will boost its share of the soymeal export market due to harvest shortfalls in Argentina, traders said. Corn futures firmed, hitting a nine-month high for the third day […] Read more
U.S. grains: Corn, wheat futures back away from peaks
Chicago | Reuters — U.S. corn futures eased on Thursday on a round of profit-taking following a rally to a nine-month high, with forecasts for improved planting weather in key growing areas also weighing on prices, traders said. “The central and southern Midwest and Delta should finally see an extended stretch of drier weather, lasting […] Read more
CBOT weekly outlook: Traders flee stocks for commodities
CNS Canada — Traders shifted attention to Chicago Board of Trade (CBOT) corn and soybean markets in the wake of a drop in Wall Street stocks, causing a commodities rally Wednesday. Wall Street was dragged down Tuesday by U.S. bond yields, which hit the three per cent mark for the first time in four years. […] Read more
U.S. grains: Corn hits nine-month high
Chicago | Reuters — U.S. corn futures rallied to a nine-month peak and wheat rose to its highest in nearly seven weeks on Wednesday, supported by a round of short-covering amid persistent concerns about adverse weather curtailing harvest expectations for both grains, traders said. Soybean futures also were firm, with U.S. President Donald Trump’s announcement […] Read more
U.S. grains: Wheat, soy, corn rebound after early drops
Chicago | Reuters — U.S. wheat futures rallied on Tuesday, surging 2.4 per cent on a bargain buying rebound after falling to their lowest in nearly three weeks early in the session. The gains in wheat spilled over into the corn market and soybean futures also rose, snapping a four session losing streak. But strength […] Read more
U.S. grains: CBOT soybeans extend losing streak
Chicago | Reuters — U.S. soybean futures fell for a third straight session on Monday, with concerns about demand from China in focus amid a lack of fresh deals with the top global buyer of the oilseed, traders said. Wheat futures were mixed, with Chicago Board of Trade soft red winter wheat contracts retreating from […] Read more
U.S. grains: Wheat, corn, soy fall on weather outlook
Chicago | Reuters — U.S. wheat, corn and soybean futures fell on Friday, with forecasts for beneficial crop weather across key growing areas sparking a round of fund liquidation ahead of the weekend, trader said. Wheat led the declines with the front-month Chicago Board of Trade soft red winter wheat contract sagging 2.8 per cent. […] Read more
U.S. grains: Export concerns pressure soy
Chicago | Reuters — Chicago Board of Trade soybean futures fell to their lowest in nearly two weeks on Thursday on worries about declining demand from top importer China, traders said. Wheat futures firmed to their highest since April 10, their third straight day of gains, while corn eased for the fourth time in five […] Read more
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