Chicago | Reuters – U.S. corn futures plunged on Monday after the U.S. Department of Agriculture reported that U.S. farmers and grain companies held the most corn in storage ever as of December 1, after growers harvested a record-breaking crop that was even bigger than previously expected. During the trading session, the most-active corn futures […] Read more
U.S. grains: Corn drops to 12-week low on report of massive stocks, record harvest
U.S. grains: Soybean futures rise on active Chinese buying
Chicago | Reuters – U.S. soybean futures edged higher on Friday on increased Chinese demand for American supplies. Wheat and corn futures finished nearly unchanged as traders adjusted positions in agricultural markets ahead of the release of much-anticipated U.S. Department of Agriculture crop data on Monday. China’s Sinograin bought at least 10 cargoes of U.S. […] Read more
U.S. grains: Wheat futures backpedal as US rains ease weather worries
Chicago | Reuters – U.S. wheat futures backpedaled from their highest levels in nearly two weeks on Thursday as rains eased concerns over dry weather in U.S. growing areas, analysts said. Corn futures set their highest level in more than a week before finishing slightly lower, and soybeans also slipped. Traders adjusted positions in the […] Read more
U.S. grains: Wheat futures set one-week highs as dryness stokes crop worries
Chicago | Reuters – U.S. wheat futures jumped to their highest level in more than a week on Wednesday as dry weather fuelled concerns about crop conditions in the key Plains region, analysts said. Soybean and corn futures also topped one-week highs following recent sales of U.S. soy to top importer China. Wheat and soybean […] Read more
U.S. grains: Soybeans retreat from one-week high on China purchases
Chicago | Reuters – Chicago Board of Trade soybean futures ended lower on Tuesday after jumping earlier to a one-week high as top importer China bought more U.S. supplies. Corn and wheat futures also finished weaker, with agricultural markets pulling back from gains during the previous session. Soybean futures turned down after the U.S. Department […] Read more
U.S. grains: Broad buying lifts grain futures from multi-week lows
Chicago | Reuters – U.S. grain and soybean futures recovered from multi-week lows on Monday as broad-based buying and an influx of money from commodity funds boosted prices at the start of the year. Equities, metals and energy markets also advanced after U.S. forces captured Venezuelan President Nicolas Maduro. “In general, it’s a risk-on trade, […] Read more
U.S. grains: Chicago soybeans fall on competition with Brazilian exports
Chicago | Reuters – Chicago soybean futures ticked down on light post-holiday trading volume on Friday, as competitively priced Brazilian beans and favorable South American weather pressured the commodity, analysts said. Wheat and corn futures also edged down, but corn received some support from the brisk pace of U.S. exports. The most-active soybean contract on […] Read more
U.S. grains: Soybean futures fall, shrugging off China purchases
Chicago | Reuters – Chicago Board of Trade grain futures ticked lower on Tuesday amid a sluggish trading session, as investors weighed the latest developments surrounding the Russia-Ukraine peace talks. CBOT soybean futures fell after a day of choppy trade on signs of China returning to the U.S. market, and trying to finish up last-minute […] Read more
U.S. grains: Chicago grains and oilseeds fall as Black Sea, China headlines assessed
Chicago | Reuters – Chicago grains and oilseeds fell on Monday in thin holiday season trade, as market players weighed how markets would be affected by news from Russia, Ukraine and China, according to analysts. There were positive signals from talks between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy to end the war […] Read more
U.S. grains: Wheat extends gains on short covering, war risk
Chicago | Reuters – Chicago Board of Trade wheat futures rose for a fifth session on Wednesday as worries about the escalation of hostilities in the Black Sea export zone and severe cold in Russian wheat belts encouraged short-covering before the Christmas break, traders and analysts said. Corn futures edged up on robust demand and […] Read more
Cyber-Savvy Farmer
