Chicago | Reuters – Corn and wheat futures slipped on Wednesday, tracking falls in outside energy markets as rising Delta-variant coronavirus cases raised worries that renewed restrictions could limit demand and overwhelmed recent weather concerns for U.S. crops. Chicago soybeans ended higher, supported by a private assessment of the U.S. crop, released Tuesday after the […] Read more
U.S. grains: Soybeans gain on weather concern; global demand pressures corn, wheat
U.S. grains: Soybeans fall on improved crop outlook, forecast
Chicago | Reuters – Chicago soybean futures sank on Tuesday after the previous day’s better-than-expected crop conditions report coupled with forecasts for rain across the U.S. Midwest as the oilseed begins to set seed pods. Corn and wheat also fell but found support from earlier hot, dry weather that will likely cut yields. The most-active […] Read more
U.S. grains: Corn, soy futures sag on end-of-month selling
Chicago | Reuters – U.S. corn and soybean futures fell about 2 percent on Friday on technical selling and long liquidation at the end of the week and month, and on beneficial rains in portions of the Corn Belt, traders said. Wheat futures ended modestly lower but posted a gain for the month of July. […] Read more
U.S. grains: Wheat climbs as dry weather hits U.S. spring crop; corn, soy follow
Chicago | Reuters – Chicago Board of Trade (CBOT) wheat futures rose on Thursday, with the front contract rising above $7 a bushel for the first time in a week after findings from an annual U.S. crop tour showed the impact of drought in the northern Plains spring wheat belt. Corn and soybean futures closed […] Read more
U.S. grains: Wheat climbs on signs of drought damage in northern U.S. Plains
Chicago | Reuters – U.S. wheat futures rose more than 2 percent on Wednesday on increasing concerns over U.S. supplies of top-quality spring wheat after early results from an annual crop tour showed the effects of drought in the northern Plains, traders said. Corn and soybean futures also firmed, but trade was choppy as brokers weighed […] Read more
U.S. grains: Soybeans rise for second day after U.S. crop conditions report
New York | Reuters – Chicago soybean rose for a second consecutive session on Tuesday, after a weekly U.S. government report showed crop conditions deteriorated unexpectedly last week. Corn and wheat both fell as traders took profits at midday after prices rose in the session. “It’s a trading range without much conviction,” said Brian Hoops, […] Read more
U.S. grains: Soybeans, corn prices rise after days of losses
New York | Reuters – Chicago soybeans and corn rose on Monday after traders fretted that both markets were oversold, while continued dryness in the northern Plains helped boost futures further. Wheat prices, however, fell. Hot, dry weather in the U.S. Midwest has raised concerns about the outlook for crops for both corn and soybeans. […] Read more
U.S. grains: Soybeans, corn ease on inflation fears
Stronger U.S. dollar also pressures prices
Chicago | Reuters — Chicago soybean and corn futures eased on Thursday, pressured by a firming dollar and fears of food price inflation, though concerns of hot, dry weather in growing areas offered support, traders said. The most-active soybean contract on the Chicago Board of Trade fell 13-1/4 cents to $15.49-1/4 per bushel, while new-crop […] Read more
U.S. grains: Wheat retreats after cold-weather rally
Corn, soy futures consolidate
Chicago | Reuters — U.S. wheat futures fell two per cent on Wednesday, retreating from a two-week high set in early moves, as concerns eased about cold-weather damage following a frigid weekend in the U.S. Plains, analysts said. Corn futures firmed slightly, consolidating below multi-year highs established last week, and soybean futures closed mixed. A […] Read more
CBOT weekly outlook: Weather wreaks havoc on crops
MarketsFarm — Unusual weather, both in North and South America, has significantly affected commodities this week at the Chicago Board of Trade, according to a broker. A brutal cold snap, extending from northern Canada to the U.S.-Mexico border, has slowed down soybean crushing, halted production at ethanol refineries and raised energy prices in the U.S., […] Read more
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