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Tag Archives USDA


Photo: Thinkstock
Markets, Reuters

U.S. grains: Wheat continues downward trend, soy and corn rise on short covering

By Heather Schlitz, Reuters, GFM Network News March 15, 2024
Chicago Board of Trade wheat futures weakened on Friday as plentiful global supplies and weak demand anchored the market, analysts said.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Wheat and corn plunge on poor export news, soy follows lower

By Heather Schlitz, Reuters, GFM Network News March 14, 2024
Chicago Board of Trade wheat futures plunged on Thursday to approach their lowest level since 2020 and dragged corn prices down on spillover weakness, analysts said.


Photo: Fotokostic/iStock/Getty Images Plus
Markets, Reuters

U.S. grains: CBOT corn futures ease on technical selling, US planting plans

By Heather Schlitz, Reuters, GFM Network News March 13, 2024
Chicago Board of Trade (CBOT) corn futures eased on technical selling on Wednesday, as market participants sought profits and assessed U.S. spring planting, analysts said.

(Medioimages/Photodisc/Getty Images)
Markets

CBOT Weekly: ‘Beaten up’ prices make their way upwards

By Adam Peleshaty - MarketsFarm, GFM Network News March 13, 2024
After weeks of tumbles toward new contract lows, the month of March is looking mighty so far for grains on the Chicago Board of Trade (CBOT).


Photo: Thinkstock
Markets, Reuters

U.S. grains: Soybeans, wheat rise on technical trading, poor Brazilian weather

By Heather Schlitz, Reuters, GFM Network News March 12, 2024
Chicago Board of Trade wheat and soybean futures all turned higher on Tuesday as a stubbornly bearish market gained support from weather issues in Brazil and a flurry of short covering as funds shift out of their huge net short positions.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets, Reuters

U.S. grains: Soybeans fall on supply pressures; corn and wheat turn higher

By Heather Schlitz, Reuters, GFM Network News March 11, 2024
Chicago Board of Trade (CBOT) soybean futures drifted lower on Monday, amid ongoing pressure from a hefty global supply and signs of investors hunting for profits, traders said.


U.S. grains: Wheat futures bounce after 3-1/2 year low; soy, corn climb
Markets, Reuters

U.S. grains: Wheat futures bounce after 3-1/2 year low; soy, corn climb

Hefty global grain supplies, competition for export business anchor prices

By Heather Schlitz, Reuters, GFM Network News March 8, 2024
Chicago Board of Trade soybean and corn rose on Friday, extending their recovery from three-year lows set last month, following an uneventful monthly supply/demand report from the U.S. Department of Agriculture (USDA), analysts said.

(WWing/E+/Getty Images)
Markets

Few changes in March USDA report

Increased projections for South American corn, soybeans, U.S. wheat carryout

By Adam Peleshaty - MarketsFarm, GFM Network News March 8, 2024
The United States Department of Agriculture’s (USDA) monthly supply/demand estimates, released on March 8, were largely left unchanged, the exceptions being South American corn and soybeans as well as U.S. wheat.


Photo: Scharfsinn86/Getty Images
Markets

Prairie Wheat Weekly: Bids hold against weak U.S. futures

Low exports, declining Black Sea, European milling wheat prices pressure U.S. wheat

By Adam Peleshaty - MarketsFarm, GFM Network News March 8, 2024
Western Canadian wheat bids were little affected by a stronger Canadian dollar and the recent drop-off in United States wheat futures during the week ended March 7.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Wheat sags to 3-1/2-year low

Corn, soy firm ahead of USDA data

By Heather Schlitz, Reuters, GFM Network News March 8, 2024
Chicago Board of Trade (CBOT) wheat futures ended mostly lower on Thursday with the benchmark contract Wv1 tumbling to a fresh 3-1/2-year low late in the session after China cancelled a purchase of U.S. wheat and Egypt scrapped an international purchase tender, traders said.


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