Chicago | Reuters — U.S. soybean futures rose on Wednesday on technical buying, export demand and spillover strength from crude oil, analysts said. Corn tracked soybeans higher while wheat settled modestly firmer after a choppy session. At the Chicago Board of Trade, November soybeans settled up nine cents at $9.81-1/2 a bushel (all figures US$). […] Read more
U.S. grains: Soybeans and corn firm, led by crude oil
U.S. grains: Soybeans fall from peak on weak cash market
Chicago | Reuters — U.S. soybean futures fell for the first time in four sessions on Tuesday, pressured by a weak cash market and by profit-taking after hitting a 3-1/2-week high earlier in the session, traders said. Corn futures eased in a mild technical setback but remained within the prior session’s trading range. Wheat dropped […] Read more
U.S. grains: Soybeans climb one per cent, led by veg oils
Chicago | Reuters — Front-month U.S. soybean futures rose more than one per cent on Monday, hitting a three-week high on export demand and renewed strength in global vegetable oil markets, analysts said. Wheat futures firmed on fund short covering while corn closed nearly unchanged. At the Chicago Board of Trade, benchmark November soybean futures […] Read more
U.S. grains: Soybeans climb, led by soyoil
Chicago | Reuters — U.S. soybean futures rose on Friday, led by a surge in soyoil tied to firm domestic cash values and rising global vegetable oil prices, traders said. Wheat and corn climbed about one per cent on fund-driven short-covering and renewed international demand for wheat. At the Chicago Board of Trade, November soybeans […] Read more
U.S. grains: Wheat futures soar on short-covering
Chicago | Reuters — U.S. wheat futures jumped about five per cent on Thursday as a flurry of export deals prompted funds to cover short positions, analysts said. Corn futures rose on short-covering and firm cash markets despite the ongoing U.S. harvest, while soybeans followed the higher trend. At the Chicago Board of Trade, December […] Read more
U.S. grains: Corn, soy, wheat fall after USDA report
Chicago | Reuters — Chicago Board of Trade corn futures fell more than two per cent on Wednesday, the most in a month, while soybean and wheat futures also declined on expectations for record-large U.S. harvests and huge grain inventories. At the CBOT, December corn settled down 8-1/2 cents at $3.37 per bushel. November soybeans […] Read more
CBOT weekly outlook: Corn, soy likely rangebound
CNS Canada — Soybeans and corn at the Chicago Board of Trade are likely to be rangebound following a report from the U.S. Department of Agriculture (USDA) on Wednesday. USDA on Wednesday released its monthly world agricultural supply and demand estimates (WASDE), to which traders were looking for direction. “Soybeans, corn — there’s probably a […] Read more
U.S. grains: Corn, wheat futures firm ahead of USDA report
Chicago | Reuters — U.S. corn and wheat futures firmed on Tuesday as traders adjusted positions ahead of a monthly U.S. government crop report, traders said. Soybeans settled nearly flat, paring early advances. But all three markets were able to withstand pressure from weaker energy markets and a stronger dollar, which tends to make U.S. […] Read more
U.S. grains: Wheat rises on dry weather worries
Paris/Singapore | Reuters –– Chicago wheat futures rose on Monday, snapping a two-session fall, as dry weather in some U.S. and European wheat belts stirred concern in a market that has been weighed down by the prospect of record global supplies this season. Soybeans lost more ground as U.S. farmers are expected to boost the […] Read more
U.S. grains: Corn, soybeans drop on weather view
Chicago | Reuters — U.S. corn and soybean futures weakened on Friday on forecasts for dry weather in the Midwest that will allow farmers to pick up the pace of what is expected to be a record harvest of both crops, traders said. Wheat futures also eased as investors squared positions ahead of a key […] Read more