Chicago | Reuters — U.S. wheat futures fell nearly two per cent on Wednesday on forecasts for much-needed moisture in the southern Plains, analysts said. Corn and soybean futures also declined as traders adjusted positions ahead of key crop data due on Thursday from the U.S. Department of Agriculture. Chicago Board of Trade March wheat […] Read more
U.S. grains: Wheat hits one-week low on Plains forecasts
U.S. grains: Wheat, corn weak as traders await USDA report
Chicago | Reuters –– Chicago Board of Trade soybean futures firmed on Tuesday, recovering from weakness in overnight trading on technical buying amid lingering concerns about weather in key South American growing regions. Corn eased as traders staked out positions ahead of the release of key U.S. Agriculture Department supply and demand reports on Thursday. […] Read more
U.S. grains: Soybeans, corn, wheat rise
Chicago | Reuters — U.S. soybean futures firmed on Monday, settling up one per cent on some concerns about rain in parts of Argentina curtailing crop production from the world’s third largest exporter of the oilseed, traders said. Wheat futures also closed higher, with prices firming to their highest since Nov. 22. Corn futures ended […] Read more
U.S. grains: Exports pressure corn, soybeans
Chicago | Reuters — Chicago Board of Trade corn and soybean futures fell on Friday on signs of weakening demand for U.S. exports as the South American harvest nears, traders said. Wheat futures also dropped, pressured by a round of profit-taking after K.C. hard red winter wheat hit a 4-1/2-month high. But concerns about crop […] Read more
U.S. grains: Wheat jumps as U.S. dollar falls
Chicago | Reuters –– U.S. wheat futures rose 1.6 per cent to their highest in nearly six weeks on Thursday on a round of short-covering after weakening overnight, traders said. Corn also firmed, extending its winning streak to five days. Strength in wheat lent support to the yellow grain while soybeans eased on a round […] Read more
U.S. grains: Soybeans firm on bargain buying
Chicago | Reuters — U.S. soybean futures rose 1.9 per cent on Wednesday on a round of bargain buying following three straight days of declines that pushed the benchmark contract to its lowest since mid-November, traders said. Corn futures rose for the fourth session in a row as investors staked out positions ahead of annual […] Read more
U.S. grains: Soy hits six-week low on South American prospects
Chicago | Reuters — U.S. soybean futures fell to a six-week low on Tuesday on improving South American crop prospects and uncertainty about export demand from China, analysts said. Corn rose on technical buying and expectations that commodity index funds will buy grain next week as they rebalance portfolios. Wheat closed lower, retreating from early […] Read more
U.S. grains: Wheat, corn prices sag in 2016 as record supply weighs
Chicago/Reuters – U.S. wheat futures firmed on Friday on better-than-expected export data and short-covering at year’s end, analysts said, but the market was poised for an annual decline of about 13 per cent. Corn was set to finish the year down about 2 percent after the biggest-ever U.S. harvest boosted stockpiles. Both corn and wheat […] Read more
U.S. grains: Soybeans rise from one-month low
Chicago | Reuters — U.S. soybean futures rose on Wednesday as the market rebounded from its lowest level in nearly a month amid lingering concerns about risks from unfavourable crop weather in South America. Corn and wheat futures hit their lowest levels in more than two weeks under pressure from large supplies and technical selling. […] Read more
U.S. grains: Soybeans stumble on South America’s crop prospects
Reuters — U.S. soybean futures tumbled to a nearly one-month low on Tuesday, as rain in Argentina’s dry crop belts kept South America on track for a bumper harvest. Chicago corn and wheat also ticked lower, under pressure from a stronger U.S. dollar and technical selling. The most active soybean futures contract on the Chicago […] Read more
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