Chicago | Reuters – U.S. wheat futures fell on Tuesday after a weekly government report said the recently planted winter crop was in better-than-expected shape and as a firming dollar created a headwind for the grain in export markets. Corn prices eased along with sinking wheat as pressure from an advancing U.S. harvest and large […] Read more
U.S. grains: U.S. wheat falls on improving crop conditions, firmer dollar
U.S. grains: Soybeans rise as USDA report looms, soyoil rallies
Chicago | Reuters – U.S. soybean futures rose on Monday for the third time in four sessions on expectations that the government will cut its U.S. crop yield estimate in a monthly report this week and as soyoil prices rallied along with rising energy markets. Soyoil futures posted their strongest gains in 1-1/2 weeks as […] Read more
U.S. grains: Soybeans fall more than 1 pct as Brazilian currency weakens
U.S. soybean futures fell by more than 1 percent on Friday, giving up all of Thursday’s rally and more, as Brazil’s currency fell, making Brazilian soy more competitive on the global market, analysts said. Corn and wheat followed soybeans lower. As of 12:47 p.m. CDT (1747 GMT), Chicago Board of Trade January soybeans were down […] Read more
U.S. grains: Corn rises to one-week high on exports
Chicago | Reuters — U.S. corn futures climbed to a one-week high on Thursday on bargain buying and improving export demand, although gains were limited by reports of higher-than-anticipated U.S. harvest yields. Soybeans rose for a second day and notched a two-week high as expectations of lower U.S. yields and rising demand from China supported […] Read more
U.S. grains: Soy climbs to one-week high on yield worries
Chicago | Reuters — U.S. soybean futures rose to a one-week high on Wednesday on concerns that the U.S. Department of Agriculture (USDA) might lower its forecast of the domestic soybean yield in a monthly report next week, traders said. Corn firmed along with soybeans as firm cash markets lending support. Wheat drifted lower but […] Read more
U.S. grains: Wheat falls to contract lows on technical selling
Chicago | Reuters –– U.S. wheat futures fell to contract lows on Tuesday as technical selling pressure dragged prices lower for a fifth straight session. Chart-based selling accelerated as prices slipped below the prior day’s two-month low, more than offsetting supportive news of a large export sale to Iraq and a government report showing the […] Read more
U.S. grains: Soybeans retreat on Brazil rains, technical selling
Chicago | Reuters — U.S. soybean futures turned lower on Monday on forecasts for crop-boosting rains in some areas of Brazil and as technical selling and month-end positioning weighed on the market. Corn was narrowly mixed and wheat futures fell for a fourth straight session, with some wheat contract months hitting fresh contract lows. Prices […] Read more
U.S. grains: Wheat futures sink as dollar rallies
Chicago | Reuters — U.S. wheat futures fell on Friday, their third straight day of declines, as a firm U.S. dollar further dampened the already poor prospects for U.S. supplies on the export market, traders said. Corn futures also weakened, weighed down by the drop in wheat, while soybeans firmed slightly. Strength in cash markets […] Read more
U.S. grains: Wheat, corn, soy fall on weak technicals, ample supplies
Chicago | Reuters — U.S. wheat futures weakened for a second consecutive day on Thursday, with technical sellers pushing prices lower after the market failed to hold support at key chart points, traders said. K.C. hard red winter wheat led the declines, sinking 1.2 per cent, as improving moisture conditions in the U.S. Plains boosted […] Read more
CBOT weekly outlook: Corn, soy futures maintain status quo
CNS Canada — Soybean and corn futures at the Chicago Board of Trade have kept rangebound this week with little excitement. During the week ended Wednesday the December corn contract rose slightly, by 2.5 cents, to $3.51 per bushel (all figures US$). The dominant November contract for soybeans fell 3.25 cents, to $9.9675 per bushel. […] Read more
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