Chicago | Reuters — U.S. wheat futures rose on Wednesday, with the benchmark Chicago Board of Trade soft red winter wheat contract gaining 1.9 per cent and hitting a one-week high on concerns that rains forecast for the U.S. Plains will not meet earlier expectations. “The forecast for the rain in the southern Plains has […] Read more
U.S. grains: Wheat rallies to one-week top, pulls corn higher
U.S. grains: Corn futures drop despite slow planting pace
Chicago | Reuters — Chicago Board of Trade corn futures fell to their lowest in nearly two weeks on Tuesday, their third straight day of declines, as traders shrugged off concerns about cold weather causing planting delays in the U.S. Midwest. “You plant more in the month of May than in the month of April, […] Read more
U.S. grains: Wheat futures drop as weather improves
Chicago | Reuters — U.S. wheat futures fell to their lowest in 10 days on Monday, led by a 3.4 per cent drop in K.C. hard red winter wheat prices, on forecasts for rain in key growing areas that will provide relief to a drought-stressed crop, traders said. “Wheat prices are lower, with longs running […] Read more
U.S. grains: Wheat at one-week low on wetter U.S. outlooks
Chicago | Reuters — U.S. wheat futures fell on Friday to a one-week low, pressured by forecasts for much-needed rain late next week in the southern Plains winter wheat belt, analysts said. Corn followed wheat lower amid a lack of fresh supportive news, and soybeans turned down, erasing early advances, as nervous traders booked profits […] Read more
U.S. grains: Wheat sags on sluggish export demand
Chicago | Reuters — U.S. wheat futures fell more than one per cent on Thursday on reminders of ample world supplies and strong competition for export business, along with some forecasts for much-needed rains next week in the U.S. Plains, analysts said. Soybean futures rose on export demand for U.S. supplies, and corn ended modestly […] Read more
CBOT weekly outlook: Soy recovers from wild week
CNS Canada — After a wild week in which the Chicago Board of Trade (CBOT) soybean market plunged, following China announcing tariffs on imports of U.S. soybeans, it has recovered. China on Thursday announced plans for a 25 per cent tariff on U.S. soybean imports in retaliation of previously announced tariffs by the U.S. on […] Read more
U.S. grains: Wheat ends lower on plentiful world supplies
Chicago | Reuters — U.S. wheat futures fell roughly one per cent on Wednesday amid reminders of plentiful global supplies and some outlooks for rain in the Plains wheat belt late next week. Corn declined on technical selling and soybeans turned lower, a day after the spot May contract set a one-month top. Chicago Board […] Read more
U.S. grains: Soybeans climb on USDA data
Chicago | Reuters — U.S. soybean futures closed higher on Tuesday after the U.S. Department of Agriculture trimmed its forecast of U.S. 2017-18 soybean ending stocks in a monthly report, bucking trade expectations for an increase. Wheat closed modestly higher on technical buying and worries about poor weather in the U.S. Plains wheat belt, while […] Read more
U.S. grains: Wheat soars on U.S. weather woes
Chicago | Reuters –– U.S. wheat futures surged nearly four per cent on Monday, nearing a one-month high as cold weather threatened to stress U.S. wheat already weakened by drought, traders said. Soybean futures rose on signs of fresh export demand and corn followed the firm trend, with wintry conditions in the Midwest adding to […] Read more
U.S. grains: Soybeans close firm despite trade threats
Chicago | Reuters — U.S. soybean futures rose on Friday, with traders shrugging off rhetoric about escalations in a trade war between China and the U.S. to focus on fresh export deals. China warned on Friday it was fully prepared to respond with a “fierce counter strike” of fresh trade measures if the U.S. follows […] Read more
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