Chicago/Reuters – Chicago Board of Trade corn and soybean futures plunged to their lowest in more than a month on Monday as improving weather for crop development across the U.S. Midwest sparked a round of long liquidation by speculators, traders said. Wheat futures also fell, weighed down by the declines in corn and pressure from […] Read more
U.S. grains: Improving weather sparks sell-off in corn, soybeans, wheat
U.S. grains: Corn posts biggest weekly loss in a year; soy, wheat also sag
Chicago/Reuters – U.S. corn futures posted their biggest weekly decline in a year on improving prospects in the Midwest during the crop’s key growth phase, raising expectations for a bumper harvest. Soybean and wheat futures also fell on chart-based selling and spillover pressure from outside commodity markets, including metals and crude oil. “It’s now making […] Read more
U.S. grains: U.S. soy falls on improving crop prospects; corn, wheat firm
Chicago/Reuters – U.S. soybean futures fell on Thursday as improving weather in major Midwest growing areas increased expectations of ample production, traders said. Wheat futures firmed on a round of bargain buying and technical support, snapping a seven session losing streak for the front-month contract. Corn also edged higher, with the gains in wheat sparking […] Read more
U.S. grains: Improving weather view pressures U.S. corn, soy, wheat
Chicago/Reuters – U.S. corn futures fell on Wednesday, pressured by good weather for crop development across the U.S. Midwest, traders said. The benign conditions also weighed on wheat, which eased as the pace of harvest in eastern growing areas increased. Soybean futures were mixed. The nearby contract firmed on support from strength in the cash […] Read more
U.S. grains: Soybeans rally on bargain buying, corn firms, wheat weak
Chicago / Reuters – Chicago Board of Trade soybean futures rose 1.1 percent on Tuesday, snapping a streak of five straight declines on a round of bargain buying after prices fell to their lowest levels since late June, traders said. Corn also rose, but gains were muted by declines in the wheat market as well […] Read more
U.S. grains: Dollar strength, harvest pressure “smokes” wheat; corn, soy weak
Chicago / Reuters – Chicago Board of Trade wheat futures sank 3.4 percent on Monday to their lowest in more than three weeks, the fifth straight losing session, on pressure from dollar strength and a pick-up in the pace of harvest, traders said. Soybean and corn futures also fell, weighed down by improving weather for […] Read more
U.S. grains: Corn, wheat fall on dollar gains, weather
Chicago | Reuters — U.S. corn and wheat fell as much as two per cent on Friday, while soybeans also declined as the dollar climbed and rains provided needed moisture in the western half of the U.S. Midwest crop belt. Chart-based selling also was noted as prices for the crops fell below key moving averages, […] Read more
U.S. grains: Corn rises, soy eases on outlooks for drier weather
Chicago | Reuters –– U.S. corn edged slightly higher while soybeans reversed from earlier gains to turn lower on Thursday as drier weather outlooks for next week were seen as benefiting both crops after record rains in the Midwest in recent months limited yield potential. Corn was in the early phases of its pollination period […] Read more
U.S. grains: Wheat, soy fall on fund liquidation, better weather
Chicago | Reuters — U.S. soybeans and wheat fell on Wednesday, pressured by investment fund selling tied to outlooks for drier weather in the U.S. and reduced export demand. Corn futures reversed from earlier losses to finish narrowly higher as midday weather outlooks predicted hot temperatures that could stress plants during the crucial pollination phase. […] Read more
U.S. grains: Corn tumbles from year high on drier weather outlook
Chicago | Reuters — U.S. corn futures retreated from an earlier one-year high and fell nearly three per cent on Tuesday on technical selling and forecasts for crop-friendly weather in the U.S. Wheat futures also were lower, pressured by the advancing winter wheat harvest. Soybean futures were little changed as a Monday report of a […] Read more
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