Chicago | Reuters –– U.S. winter wheat futures rose on Monday on global demand and concerns about poor crop weather in America’s Plains region, while concerns about unfavourable dryness in parts of South America helped lift U.S. soy futures, analysts said. Traders focused on weather conditions after crop observers in Kansas said hurricane-force winds that […] Read more
U.S. grains: Winter wheat futures rise on demand, crop woes
CBOT soybeans up, corn down
U.S. grains: Soy, corn set multi-month highs
South American crop uncertainty, chart-based buying are factors
Chicago | Reuters — U.S. soybean futures closed higher on Friday, hitting a 2-1/2 month top on worries about South American crop weather coupled with chart-based buying, traders said. Corn futures set a four-month high near $6 a bushel and wheat followed the firm trend (all figures US$). Chicago Board of Trade January soybeans settled […] Read more
U.S. grains: Soybeans hit three-week top as soyoil climbs
Wheat, corn futures end higher
Chicago | Reuters — U.S. soybean futures touched a three-week top on Thursday as soyoil futures rose two per cent and hit their highest in a week on signs of tightening U.S. vegetable oil supplies and fresh export demand, traders said. Wheat futures rose by nearly two per cent, bouncing back from a four per […] Read more
U.S. grains: CBOT wheat nears two-month low
Corn declines; soy ends firm
Chicago | Reuters — U.S. wheat futures fell nearly four per cent on Wednesday and European wheat fell three per cent as a bumper Australian harvest and signs of continued competition from Black Sea supplies added to technical pressure, traders and analysts said. Corn followed wheat lower while soybean futures ended modestly higher after monthly […] Read more
U.S. grains: Soybeans up as soymeal gains sharply against soyoil
CBOT corn up, wheat lower
Chicago | Reuters — U.S. soybean futures rose about one per cent on Tuesday as soymeal futures soared on expectations of rising demand for the high-protein feed ingredient, analysts said. Chicago Board of Trade soymeal futures gained sharply against soyoil futures on meal/oil spreading, with soyoil falling to six-month lows on expectations that U.S. oil […] Read more
U.S. grains: Soy, corn down on technical selling, Argentine rains
CBOT wheat up off Friday's drop
Chicago | Reuters — U.S. soybean futures fell nearly two per cent on Monday and corn futures also declined on a mix of technical selling after last week’s advances and improving prospects for South American production, analysts said. Wheat futures rose on bargain-buying after dipping to a six-week low on Friday. Chicago Board of Trade […] Read more
U.S. grains: Wheat bounces from lowest in a month
Corn weak, soybeans firm
Chicago | Reuters — U.S. wheat futures rebounded from a one-month low on Friday, gaining 1.1 per cent on a round of bargain-buying and renewed interest on the export market, traders said. Soybeans also were firm but corn was weaker on a technical setback. News that Chinese buyers had booked a large amount of feed […] Read more
U.S. grains: Wheat hits one-month low on USDA projections
Corn, soybean futures rise
Chicago | Reuters –– U.S. wheat futures slumped to a one-month low on Thursday after the U.S. Department of Agriculture forecast larger-than-expected global production and stocks in a monthly report that reinforced a recent spate of bearish news. Corn and soybean futures tracked wheat lower, but promptly rebounded from their lows on speculative and technical […] Read more
CBOT weekly outlook: No significant revisions in new U.S. WASDE report
MarketsFarm — The U.S. Department of Agriculture (USDA) held its world agriculture supply and demand estimates (WASDE) mostly steady for the month of December — which may result in a lack of price movement on the markets. In its WASDE report released Thursday, USDA projects 598 million bushels of ending domestic wheat stocks for the […] Read more
U.S. grains: Wheat futures drop on weather view
CBOT corn, soybean futures rise
Chicago | Reuters — Chicago Board of Trade winter wheat futures fell 1.7 per cent on Wednesday as forecasts for mild temperatures and some rain in key growing areas raised hopes that the crop will be in good condition before it heads into dormancy, traders said. “U.S. weather for wheat looks pretty good,” said Terry […] Read more
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