Chicago | Reuters — U.S. corn and soybean futures ticked lower on Monday, pressured by broad declines in commodity and equity markets as well as improving forecasts for South American crop weather, traders said. Wheat followed the weaker trend. Chicago Board of Trade (CBOT) March corn futures settled down 1/2 cent at $3.79-3/4 per bushel […] Read more
U.S. grains: Corn, soy, wheat end lower
U.S. grains: Wheat retreats from five-week high
Chicago | Reuters — U.S. wheat and corn futures closed lower on profit-taking and a lack of market-moving news on Thursday while soybeans firmed, buoyed by concerns about the size of Brazil’s crop. Chicago Board of Trade (CBOT) March wheat settled down 4-1/2 cents at $5.21-1/2 per bushel (all figures US$). CBOT March corn ended […] Read more
U.S. grains: Soybeans firm on South America weather worries
Chicago | Reuters — U.S. soybean futures rose on Wednesday on worries about poor crop weather reducing yield potential in South America, analysts said, while traders continued to watch for any developments in U.S. trade relations with top global soy buyer China. Wheat firmed on hopes that rising prices in Russia, the world’s biggest exporter, […] Read more
U.S. grains: Soy, corn sag on uncertainty over China trade talks
Chicago | Reuters — U.S. soybean and corn futures fell to session lows on Tuesday on reports that the Trump administration turned down Chinese offers this week for preparatory trade talks, brokers said. The declines in corn and soybeans also pared advances in wheat futures, which nonetheless ended higher on signs of tightening Russian supplies. […] Read more
U.S. grains: Renewed optimism for China trade talks lifts grains
Chicago | Reuters — U.S. corn and soybean futures rose for a third straight session on Friday in a broad commodities and equities market rally sparked by renewed optimism about U.S.-China trade talks. Wheat edged upward along with corn and soy, but shed gains late in the day as traders pocketed profits fueled by media […] Read more
U.S. grains: Wheat, corn, soy break through key technical levels
Chicago | Reuters — U.S. corn, soybean and wheat futures climbed for a second straight session on Thursday in a short-covering and technical bounce following a steep drop earlier this week. Gains in wheat ignited the rally as hopes for a pickup in U.S. wheat export demand pushed prices through key technical levels. Corn and […] Read more
U.S. grains: Corn rebounds in export demand, bargain buying
Chicago | Reuters — U.S. corn futures firmed on Wednesday in a bargain-buying and short-covering bounce as the market’s steep drop to six-week lows in the previous session triggered renewed demand for the feed grain. Wheat and soybeans also rebounded after both markets hit two-week lows on Tuesday, although buying interest evaporated late in the […] Read more
U.S. grains: Soybeans sink on weak China trade data
Chicago | Reuters — U.S. soybean futures fell to a 1-1/2-week low on Monday on technical selling and on concerns about demand from China as the world’s top soy importer remains locked in a tariff war with the United States. Wheat also fell after Russia, the world’s top supplier, left its export forecast unchanged despite […] Read more
U.S. grains: Wheat rallies on dollar weakness, export hopes
Chicago | Reuters — U.S. wheat futures rallied from one-week lows on Friday in a technical and bargain-buying bounce as a weakened U.S. dollar and rising wheat prices in rival exporting nations boosted prospects for U.S. shipments. Corn and soybeans also advanced on technical buying and concerns about crop prospects in South America due to […] Read more
U.S. grains: Soybeans sink as China trade optimism wavers
Chicago | Reuters — U.S. soybean futures dropped nearly two per cent on Thursday, the steepest slide since Nov. 26, reversing a week of gains due to a lack new purchases by China following trade talks with the United States. Forecasts for a bumper Brazilian soybean crop added pressure despite recent hot, dry weather in […] Read more
Cyber-Savvy Farmer
