Chicago | Reuters — U.S. wheat futures firmed on Thursday, with the most-active Chicago Board of Trade soft red winter wheat contract hitting its highest in more than five months on signs of better-than-expected export demand. Soybeans closed slightly higher as technical buyers pushing prices into positive territory late in the session while corn eased […] Read more
U.S. grains: Wheat hits highest since August
CBOT weekly outlook: Soy, corn expected to move steady to lower
CNS Canada –– Despite a divergence in the two markets on the week, Chicago Board of Trade soybeans and corn are expected to shift back into step, moving sideways to lower in short-term trade, one U.S. analyst says. Improving South American weather is likely to keep a lid on soybeans, said Terry Reilly, senior commodity […] Read more
U.S. grains: Soybeans rally on export demand, fund buying
Chicago | Reuters — U.S. soybean futures rose on Wednesday on commodity fund buying at the start of a new month along with fresh export demand, analysts said. Wheat and corn futures followed the firm trend, with corn buoyed by bullish weekly ethanol data. Chicago Board of Trade March soybean futures settled up 12-1/4 cents […] Read more
U.S. grains: Corn, wheat firm on bargain buying, U.S. dollar
Chicago | Reuters — U.S. corn and wheat futures closed higher on Tuesday on bargain-buying a day after both markets fell to two-week lows, and on a weaker dollar, which tends to make U.S. grains more competitive globally, traders said. Soybeans closed higher, bouncing back from a 2.5 per cent decline a day earlier. But […] Read more
U.S. grains: Soy hits two-week low on long liquidation
Chicago | Reuters — U.S. soybean futures fell more than two per cent on Monday, with the front contract hitting a two-week low on long liquidation and improved crop weather for South America, analysts said. Corn and wheat followed the weaker tone. Chicago Board of Trade March soybean futures settled down 26-1/2 cents at $10.22-3/4 […] Read more
U.S. grains: Wheat sets two-week low on supplies, trade jitters
Chicago | Reuters — U.S. wheat futures touched a two-week low on Friday on plentiful domestic and world supplies and a firmer dollar, which tends to make U.S. grains less competitive, traders said. Corn and soybean futures posted modest declines, with fears of a trade war with Mexico hanging over the grains complex. Chicago Board […] Read more
U.S. grains: Soy, corn fall on crop prospects, trade fears
Chicago | Reuters — U.S. soybean and corn futures closed lower Thursday on improving South American crop prospects and jitters about U.S. trade relationships, analysts said. Wheat futures rose on better-than-expected weekly U.S. export sales. Chicago Board of Trade soybeans for March delivery settled down 5-3/4 cents at $10.49-1/2 per bushel and March corn ended […] Read more
CBOT weekly outlook: South American weather steering markets
CNS Canada — Chicago corn futures chopped slightly higher during the week ended Wednesday, as concerns over South American weather, the U.S. dollar and the public musings of a newly-sworn-in U.S. president spurred some speculative buying. “Those are the three driving forces,” said Scott Capinegro, co-owner of Barrington Commodity Brokers. Both corn and soybeans are […] Read more
U.S. grains: Soybeans fall on Argentina weather
Reuters — U.S. soybean futures fell to a 1-1/2-week low on Wednesday on an improved South American crop weather outlook while corn edged higher on export demand, traders said. Wheat sagged on ample old-crop supplies and a lack of supportive news. Chicago Board of Trade March soybean futures settled down 3-1/4 cents at $10.55-1/4 per […] Read more
U.S. grains: Corn down on profit-taking, trade worries
Chicago | Reuters — U.S. corn futures fell nearly two per cent on Tuesday on profit-taking after hitting multi-month highs and uncertainty about how U.S. trade policy will affect grain exports, analysts said. Wheat followed corn lower but soybeans turned higher in the final minutes of trade. Chicago Board of Trade March corn settled down […] Read more
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