Chicago | Reuters –– U.S. soybean futures rose for a fifth consecutive session on Monday on worries about a possible trucker strike in Brazil and as an economic stimulus move by top importer China reinforced expectations of brisk demand for the oilseed. Wheat rebounded from steep losses last week, although gains were capped by improving […] Read more
U.S. grains: Soybeans rise on Chinese stimulus, wheat rebounds
U.S. grains: Wheat falls six per cent in week as rains arrive on Plains
Chicago | Reuters –– Chicago Board of Trade wheat futures ended steady on Friday but fell six per cent for the week as drought-relieving rains arrived in the southern U.S. Plains crop belt. Corn futures firmed in a technical bounce after falling to a near one-month low this week, and soybeans posted a slight gain. […] Read more
U.S. grains: K.C. wheat to multi-year lows as rains reach Plains
Chicago | Reuters –– Chicago Board of Trade soft wheat futures rose on Thursday while K.C. hard red winter wheat fell to multi-year lows on poor export demand and much-needed rains falling in key U.S. crop areas, traders said. Corn and soybeans ended nearly unchanged after a choppy session. At the CBOT, May wheat settled […] Read more
U.S. grains: Soy rallies to one-week high, wheat falls to one-month low
Chicago | Reuters — Chicago Board of Trade soybean futures climbed to a one-week high on Wednesday on technical buying and data showing U.S. processors crushed more soybeans in March than analysts expected. Corn followed soybeans higher while wheat fell to a one-month low, extending this week’s losses on forecasts for drought-relieving showers in the […] Read more
U.S. grains: Wheat nears one-month low on rain in forecast
Chicago | Reuters — Chicago Board of Trade wheat fell below US$5 a bushel to its lowest in nearly a month on Tuesday, under continued pressure from forecasts of drought-relieving showers in the U.S. grain belt. Soybeans rallied from recent multimonth lows on bargain buying, and corn also firmed. At the CBOT, May wheat settled […] Read more
Prairie wheat bids drop with U.S. futures
CNS Canada –– Cash bids for Canadian wheat were down during the week ended Friday, as losses in U.S. futures weighed on values. Average Canada Western Red Spring (CWRS) wheat prices were down by C$8-10 per tonne, with bids ranging from $200 per tonne in north-central Saskatchewan to $219 per tonne in Manitoba, according to […] Read more
U.S. grains: Wheat wanes as rain expected on Plains
Chicago | Reuters –– Chicago Board of Trade wheat futures fell more than four per cent on Monday to the lowest in two weeks as forecasts for timely showers across dry U.S. crop regions eased concern over potential yield losses. Corn followed wheat lower, while soybeans fell on rising global stockpiles. At the CBOT, May […] Read more
U.S. grains: Short-covering supports wheat but corn, soybeans fall
Chicago | Reuters — U.S. wheat futures rose 1.4 per cent on Friday on a round of short-covering by speculators after price declines in three of the previous four sessions, traders said. “The big short contingent in the wheat market is definitely something to be reconciled with,” said Bill Gentry, a broker at Risk Management […] Read more
U.S. grains: Soy nears six-month low as USDA lifts stocks outlook
Chicago | Reuters — U.S. soybean futures fell on Thursday to their lowest levels in nearly six months after the government lifted its outlook for global inventories slightly to a new record high. Concerns about slowing global demand added pressure to soybean prices, traders said. Corn and wheat prices also sagged. The U.S. Department of […] Read more
U.S. grains: Corn drops ahead of USDA report, wheat mostly lower
Chicago | Reuters — U.S. corn futures fell for the third day in a row on Wednesday as traders staked out positions ahead of a government report that was expected to boost projections for supplies of the grain at the end of the crop year, traders said. Chicago Board of Trade soybean futures were mixed, […] Read more
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