Chicago | Reuters –– Chicago Board of Trade corn and soybean futures climbed to two-week highs on Monday amid concerns about stressful hot weather in the U.S. and Europe coupled with positioning ahead of a monthly U.S. government crop report, traders said. Wheat futures also advanced, following the firmer trend. A setback in the U.S. […] Read more
U.S. grains: Corn, soy at two-week highs on weather worries
U.S. grains: Soybeans rally on eroding crop prospects
Chicago | Reuters –– U.S. soybean futures jumped more than two per cent on Friday and registered their first weekly gain in five weeks, helped by signs of improving export demand and expectations that the U.S. government will trim its harvest forecast in a monthly crop report next week. Corn and wheat futures firmed on […] Read more
U.S. grains: Soybeans, corn dip on disappointing exports, better weather
Winnipeg | Reuters — Soybean and corn futures slipped on Thursday, pressured by disappointing U.S. export sales, forecasts for mostly favorable Midwest weather and technical selling. Chicago Board of Trade (CBOT) wheat rose on better-than-expected export sales. “We had a nice bounce in corn and soybeans, so it’s a technical pullback,” said Arlan Suderman, senior […] Read more
U.S. grains: Prices advance on crop, weather worries
Chicago | Reuters — U.S. grain and soybean futures jumped on Wednesday as concerns about poor weather hurting autumn harvests fuelled a recovery from recent losses in the markets. The U.S. Department of Agriculture, in a crop report on Aug. 12, may trim its U.S. soybean acreage and ending stocks estimates because of excessive rains […] Read more
Prairie CWRS cash bids soften, durum drops sharply
CNS Canada — Canada Western Red Spring (CWRS) wheat cash bids across Western Canada were weaker during the week ended Friday, as U.S. futures markets plunged once again. Average CWRS wheat prices were down by C$7 to $26 per tonne over the week, with bids ranging from about $203 per tonne in the Peace region […] Read more
U.S. grains: Corn bounces off six-week low prior to crop forecasts
Winnipeg | Reuters — Corn futures edged higher on Tuesday, recovering from a six-week low as bargain-buying and an outlook for drier U.S. weather offset pressure from comfortable global supply. Chicago wheat and nearby soybeans failed to hold earlier gains. Grains were supported by dry conditions in parts of the eastern corn belt, and as […] Read more
U.S. grains: Soybean, corn futures fall; wheat mixed
Chicago/Reuters – Chicago Board of Trade soybean futures fell on Friday, pressured by profit-taking and the cancellation of an export deal with China, traders said. Wheat futures were mixed, with CBOT soft red winter wheat and K.C. hard red winter wheat edging higher on some end-of-month short-covering. MGEX wheat fell on forecasts for a bumper crop […] Read more
U.S. grains: Soybeans rise on strong exports, corn firm, wheat weak
Chicago/Reuters – U.S. soybean futures rose on Thursday as signs of growing export demand threatened to cut into an already thin supply base, traders said. Corn futures also firmed, with bargain hunters and technical buyers stepping into the market after prices fell to a five-week low. Wheat closed mostly lower, pressured by plentiful supplies and […] Read more
U.S. grains: Soybeans rise for second day, corn and wheat resume slides
Winnipeg /Reuters – U.S. soybeans rose for a second straight day on Wednesday, recovering some recent losses ahead of a critical development period for the oilseed, while corn and wheat resumed their slides on a favorable U.S. harvest outlook. With soybean yields largely determined in August and questions about the size of planted area, there […] Read more
U.S. grains: Soybeans, wheat, corn bounce after steep losses
Winnipeg/Reuters – Chicago soybean, wheat and corn futures bounced on Tuesday, rising on bargain-buying and short-covering after setting recent lows. Nearby soybeans fell for three straight sessions through Monday, shedding nearly 6 percent as weather improved for crop development across the U.S. Midwest. “We’ve just plain hit (soybeans) hard for the last week or so and […] Read more
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