Chicago | Reuters – U.S. soybean futures turned higher on Wednesday after falling to a six-week low as traders awaited further clues about the size of the U.S. harvest and the impact of the U.S.-China trade war on exports. Corn and wheat futures stumbled. Traders were assessing U.S. weather forecasts, which have improved after rains […] Read more
U.S. grains: Soy futures turn higher after touching six-week low
U.S. grains: Soy futures near six-week low on U.S. harvest, trade woes
Chicago | Reuters – U.S. soybean futures slid on Tuesday to their lowest prices in about six weeks as advancing domestic harvests increased crop supplies. Corn and wheat futures also fell. Additional market pressure stemmed from concerns about the ongoing U.S.-China trade war and the rising dollar, which makes American farm goods less attractive to […] Read more
U.S. grains: Soy sinks to one-month low on lagging exports, big supply
Chicago | Reuters – U.S. soybean futures slid to the lowest point in a month on Monday under pressure from a record-large U.S. harvest and dim export prospects due to the trade dispute between the United States and top importer China. Corn edged lower in a technical-selling and profit-taking setback after hitting a one-week high, […] Read more
U.S. grains: Wheat jumps as Egypt eyes U.S. supplies, funds cover shorts
Chicago | Reuters – U.S. wheat futures rose nearly 4 percent on Friday and bounced back from multi-month lows a day earlier, buoyed by short-covering and indications that U.S. wheat was becoming more competitive globally, analysts said. Corn futures rose, rebounding from Thursday’s two-week low, and soybeans rallied from a one-month low. Chicago Board of […] Read more
U.S. grains: Wheat sags as weak exports, firm dollar prompt fund selling
Chicago | Reuters – U.S. wheat futures fell more than 2 percent on Thursday, with the benchmark December contract on the Chicago Board of Trade hitting its lowest in nine months, as sluggish export demand and a strong dollar prompted fund liquidation, analysts said. Corn and soybean futures also sank on poor weekly U.S. export […] Read more
U.S. grains: Wheat drops below $5/bu on export fears, strong dollar
Wheat hit by upward revisions to Russian supply
Chicago |Reuters – U.S. wheat futures fell nearly 2 percent on Wednesday and dropped below $5 a bushel for the first time in nearly six weeks as analysts cited technical selling mixed with worries about U.S. export prospects. Soybeans and corn followed the weak trend, as active harvest progress in the Midwest fed the bearish […] Read more
U.S. grains: Corn and wheat firm, soy weaker in largely technical trade
Chicago | Reuters – U.S. corn firmed slightly on Tuesday on light technical buying and a lack of farmer hedging as farmers kept busy harvesting crops, analysts said. However, expectations of large U.S. harvests and a lack of fresh supportive news kept a lid on gains. Wheat futures also rose, with the benchmark Chicago Board […] Read more
U.S. grains: Corn, soy edge higher on U.S. weather jitters
Chicago | Reuters – U.S. corn futures inched higher on Monday, snapping a four-session slide, as forecasts for rains to re-emerge in the Midwest next week raised concerns about harvest delays and crop quality, analysts said. Soybeans ended narrowly higher while wheat futures sagged in subdued trade, pressured by a firm dollar and weak export […] Read more
Trade certainty doesn’t translate to higher loonie
CNS Canada — Even with more certainty around trade with the U.S., Canadians shouldn’t expect to see the dollar flying in value. “It’s hard for me to see the Canadian dollar gain value against the U.S. dollar in the short term, unless the Bank of Canada totally revises its stance towards interest rates,” said J.P. […] Read more
U.S. grains: Wheat sinks on technical selling, stronger U.S. dollar
Chicago | Reuters — U.S. wheat futures fell more than one per cent on Monday on technical selling and as a stronger dollar created a headwind for U.S. exports of the grain, which are already struggling to compete in the global marketplace. Corn futures eased on Monday after two straight sessions of gains while soybeans […] Read more
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