
Tag Archives U.S. grains
U.S. grains: Corn, soybeans and wheat up on spillover from soymeal
Chicago / Reuters – U.S. soymeal surged 7 per cent on Wednesday, increasing this week’s gains to the largest in six years as a slow start to a record soybean harvest coupled with slow traffic on the nation’s railroads forced crushing plants to cover short cash positions in the futures market. Soybeans jumped nearly 3 per cent and corn […] Read more

U.S. grains: Corn, soy fall on big harvest, hedge pressure
Chicago | Reuters — Chicago Board of Trade corn and soybean futures dropped on Friday, with big crops in focus following a U.S. Agriculture Department report that boosted already-record forecasts for U.S. production. Wheat futures closed higher after the USDA cut its outlook for domestic supplies in the closely watched report. [Related story] Corn and […] Read more