Chicago soybean and corn futures surged on Thursday on short covering and bargain buying after prices sank low enough to attract buying interest, though supply pressure from favorable U.S. crop conditions continue to loom over the market, analysts said.
U.S. grains: Soybeans, corn rebound on technical trading, bargain buying
U.S. grains: Soybeans, corn choppy as traders eye crop tour results
Chicago soybean and corn futures chopped up and down on Wednesday as traders monitored results from a U.S. Midwest field tour that initially confirmed strong yield prospects, traders said.
U.S. grains: Chicago wheat, corn tick lower on continued supply pressure
Chicago wheat fell on Tuesday, pressured by an upward revision to Russia's wheat crop forecast and the latest talks to end the war in Ukraine, while corn eased as strong yield projections from a U.S. Midwest field tour maintained supply pressure.
U.S. grains: Soybeans, corn choppy as trade awaits U.S. crop tour results
Chicago soybean and corn futures chopped up and down on Monday as industry players awaited the results of this week's annual Pro Farmer crop tour in the U.S. Midwest, traders said.
U.S. grains: Corn, soybeans rise on short-covering ahead of weekend, crop tour
U.S. corn and soybean futures rose on Friday on short-covering ahead of the weekend and a closely followed crop tour set to begin surveying fields across the Midwest next week.
U.S. grains: Soybeans retreat as demand worries overshadow USDA’s production cut
U.S. soybean futures declined for the first time in four sessions on profit taking on Thursday after a rally ignited by the U.S. government's lower-than-expected harvest outlook took prices to six-week highs.
U.S. grains: Soybeans extend gains after USDA’s US harvest outlook cut
U.S. soybean futures climbed to a 1-1/2 month high on Wednesday, extending gains from the prior session after the U.S. Department of Agriculture forecast a much smaller autumn harvest than previously expected.
U.S. grains: Corn dives after USDA projects bin-busting US harvest, soybeans rise
U.S. corn futures plunged to contract lows on Tuesday after the Department of Agriculture projected a record-shattering corn harvest this year as farmers planted more acres than expected and the crop faced few weather challenges this summer.
U.S. grains: Soybeans rally after Trump urges China to buy more U.S. beans
U.S. soybean futures rallied to a two-week high on Monday after U.S. President Donald Trump said he hoped China would quadruple its soybean buying from the United States and as forecasts of hot, dry U.S. weather sparked some concern about yields.
U.S. grains: Chicago corn, wheat choppy amid demand uptick, ample supply
Chicago wheat, corn and soybean futures chopped up and down but ended lower on Friday as traders weighed a bounce in demand fuelled by low prices against expectations of ample supply and upcoming U.S. government crop forecasts.
Cyber-Savvy Farmer
