Chicago | Reuters — U.S. soybean futures closed mostly lower on Friday after a wild session that saw the May soybean contract tumble to its lowest in over a month on worries about trade tensions, only to pare losses and briefly turn higher in late moves as soymeal soared. Corn closed modestly higher after notching […] Read more
U.S. grains: Soybeans end lower in volatile session
U.S. grains: Wheat rebounds after weather-driven selloff
Chicago | Reuters — U.S. wheat futures firmed Thursday on bargain-buying a day after forecasts for much-needed moisture pressed the Kansas City May hard red winter wheat contract to a seven-week low, traders said. Corn futures closed modestly higher while soybeans ended mostly steady. Chicago Board of Trade May wheat futures settled up 2-1/4 cents […] Read more
Feed weekly outlook: Grain supply starting to dry up
CNS Canada –– As the winter ends, supply is getting tight for feed grains in Lethbridge’s feedlot alley. “We’re seeing a little bit of a pullback on prices on most commodities in anticipation for making sure everything gets out before road bans,” said Brandon Motz, sales manager at CorNine Commodities at Lacombe, Alta. The feed […] Read more
U.S. grains: Wetter forecasts pressure K.C. wheat
Chicago | Reuters — U.S. hard red winter wheat futures fell to near two-month lows on Wednesday on forecasts of another round of beneficial showers next week in the southern Plains that could boost crop prospects, analysts said. Chicago Board of Trade soft red winter wheat rallied late in the session to end higher, while […] Read more
U.S. grains: Wheat prices bounce after steep losses
Chicago | Reuters –– Chicago Board of Trade wheat futures rose on Tuesday in a light recovery bounce after falling to a seven-week low, but trade was cautious after weekend rains on the parched U.S. Plains offered respite for the winter wheat crop. Soybeans firmed on bargain-buying after Monday’s losses while corn edged lower after […] Read more
U.S. grains: Wheat tumbles as rains cross drought-hit Plains
Chicago | Reuters — U.S. wheat futures slid to six-week lows on Monday as much-needed rain and snow fell in dry areas of the southern Plains, pushing most-active K.C. hard red winter wheat futures down more than five per cent, traders said. Corn and soybean futures sagged on fund-driven long liquidation and as weekend rains […] Read more
U.S. grains: Wheat drops on forecast for rains
Chicago | Reuters — Chicago wheat futures dropped to a 2-1/2-week low on Friday on outlooks for rains by this weekend that should alleviate stress on some crops in the parched U.S. Plains growing region, traders said. CBOT May contract wheat settled down 11 cents at $4.67-3/4 per bushel, bringing the losses for the week […] Read more
Feed weekly outlook: Prairie wheat stored as southern Plains dry out
CNS Canada — A rise in U.S. corn prices has helped lift the entire feed market in southern Alberta, though one industry expert says it isn’t the only factor strengthening the market. “Barley is getting increasingly difficult to buy as we clean up old-crop supplies,” said Allen Pirness of Market Place Commodities at Lethbridge. Cattle […] Read more
U.S. grains: Chicago wheat sharply lower in technical sell-off
Chicago | Reuters — Chicago Board of Trade wheat fell nearly two per cent on Thursday in a technical sell-off amid outlooks for rain in the parched U.S. Plains crop belt, traders and analysts said. Disappointing weekly U.S. wheat export sales added to headwinds, with CBOT May wheat dropping 10 cents to $4.78-3/4 per bushel, […] Read more
U.S. grains: Soy tumbles on acreage outlook
Chicago | Reuters — Chicago soybean futures tumbled on Wednesday, pressured by technical selling and outlooks for record-large U.S. plantings this year, traders and analysts said. Chicago Board of Trade May soybean futures dropped 16-1/2 cents, or 1.7 per cent, to $10.32-1/4 per bushel (all figures US$). Prices accelerated declines at late-morning after advisory service […] Read more
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