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Tag Archives U.S. dollar


Corn ZCH24 on Jan. 9 with 20-day moving average. (Barchart)
Markets, Reuters

U.S. grains: Soybean and corn futures rebound from multiyear lows

Wheat futures jump after a sharp drop on Monday

By Reuters, Tom Polansek, GFM Network News January 9, 2024
Chicago Board of Trade soybean and corn futures rebounded on Tuesday on short covering and technical buying after sliding to multiyear lows earlier in the session.

Corn ZCH24 on Jan. 8, with Bollinger bands. (Barchart)
Markets, Reuters

U.S. grains: Corn, soy hit multi-year lows as oil sinks, rains aid Brazil crops

Concerns over Chinese demand for U.S. soybeans and wheat hung over the futures markets

By Reuters, Tom Polansek, GFM Network News January 8, 2024
U.S. corn futures sank to their lowest level in more than three years on Monday and soybean futures set a two-year low as steep declines in crude oil prices spilled over into agricultural markets.


Corn ZCH24 on Jan. 5 with Bollinger bands. (Barchart)
Markets, Reuters

U.S. grains: Soy sags for third week on Brazil rains; corn hits contract low

Corn futures set a contract low; wheat prices advanced

By Reuters, Tom Polansek, GFM Network News January 5, 2024
Chicago Board of Trade soybean futures crumbled to their lowest prices since June on Friday and declined for a third consecutive week as much-needed rains hit dry growing areas in Brazil.

Soybeans ZSH24 on Jan. 4 with Bollinger bands. (Barchart)
Markets, Reuters

U.S. grains: Improved Brazilian crop weather knocks down CBOT soybeans

Wheat futures rebounded from one-month low; corn stabilized

By Reuters, Tom Polansek, GFM Network News January 4, 2024
Chicago Board of Trade soybean futures extended recent losses on Thursday as the market remained under pressure from rains in dry areas of Brazil and expectations for more beneficial showers.


Photo: Getty Images
Crops, Markets

CBOT weekly outlook: Soybeans, grains looking bearish to start 2024

Corn consistently below moving averages a bearish sign says analyst

By Phil Franz-Warkentin, GFM Network News January 3, 2024
Soybean, corn and wheat futures all came under pressure to start 2024, with the path of least resistance pointing lower still despite the potential for some end-user bargain hunting.

Soybeans ZSH24 on Jan. 3 with 20 and 50-day moving averages. (Barchart)
Markets, Reuters

U.S. grains: Soy futures recover from June low as rains benefit Brazil crops

A two-week high in the U.S. dollar also hung over agricultural markets

By Reuters, Tom Polansek, GFM Network News January 3, 2024
Chicago Board of Trade soybean futures ended firmer on Wednesday, as the market recovered after favorable rains in Brazilian crop areas sent the market to its lowest levels since June.


Soybean futures ZSH24 as of Jan. 2, with 20 and 50-day moving averages. (Barchart)
Markets

U.S. grains: Soy futures fall to June low on improved Brazilian crop weather

Corn set a contract low in front-month futures; wheat futures declined

By Reuters, Tom Polansek, GFM Network News January 2, 2024
U.S. soybean futures slid to their lowest level since June on the first trading day of the year, after rains hit dry areas of Brazil and forecasts called for more showers.

Photo: iStock/Getty Images.
Markets, Reuters

U.S. grains: Corn closes with biggest yearly loss in a decade

Wheat, soy decline on bumper Brazil harvest, resilient Black Sea trade

By brendan-obrien, Reuters, GFM Network News December 29, 2023
Chicago corn closed on Friday with its biggest yearly drop in a decade while wheat and soybeans also posted steep annual declines after bumper harvests in Brazil and resilient Black Sea trade tempered concerns about weather and war.


CBOT wheat futures ZWH24  on Dec. 28 with moving averages for 20, 50 and 100 days. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat rebounds with Black Sea risks, short covering by funds

Corn, soybeans fell as traders assessed a rainy forecast in South America

By brendan-obrien, Reuters, GFM Network News December 28, 2023
Chicago wheat futures climbed on Thursday after a vessel hit a mine in the Black Sea, an incident that underscores the continuing security risks along the key global grain trade shipping route.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Wheat slips after rally, soybeans tick higher

Traders continue to keep a sharp eye on Brazil weather forecast

By brendan-obrien, Reuters, GFM Network News December 27, 2023
Chicago wheat declined on Wednesday, erasing most of the gains made the day before when worries that escalating wartime tensions would impact shipping in the Black Sea exporting region sent grains markets higher.


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