Chicago/Reuters – U.S. soybean, wheat and corn futures were slightly higher on Friday, boosted by light investment fund buying ahead of next week’s presidential election and U.S. Department of Agriculture monthly supply and demand data, traders said. Chicago Board of Trade corn and soybean futures fell sharply for the week, despite Friday’s modest gains, while wheat […] Read more
U.S. grains: Soy, wheat edge higher on fund buying ahead of USDA report
U.S. grains: Wheat drops, soy edges up after U.S. export sales data
Chicago/Reuters – U.S. wheat futures fell more than one per cent on Thursday and soybean and corn prices rose slightly as markets took cues from U.S. Department of Agriculture export sales data, traders said. Export sales of 2.5 million tonnes of U.S. soybeans and 1.47 million tonnes of corn topped analysts’ estimates. Wheat export sales […] Read more
U.S. grains: Soy, corn sag ahead of USDA report, election
Chicago | Reuters — U.S. soybean futures fell on Wednesday for a fourth straight session on long liquidation and profit-taking ahead of a key government crop report and market jitters over next week’s presidential election, analysts said. Corn also declined, with the December contract nearing a three-week low. Wheat firmed on short-covering as investors headed […] Read more
U.S. grains: Soy, corn fall on big U.S. crops
Chicago | Reuters — Chicago Board of Trade soybean and corn futures fell on Tuesday on expectations the U.S. Department of Agriculture might raise its forecast of the U.S. soybean yield in a monthly report next week, traders said. Wheat followed the weak trend, with global grain supplies adding pressure. CBOT January soybeans settled down […] Read more
U.S. grains: Wheat jumps on short-covering
Chicago | Reuters — Chicago Board of Trade wheat futures climbed more than one per cent on Monday as traders covered short positions following U.S. regulatory data last week showing an unexpectedly large build in bearish wheat bets. Soybean and corn futures both were flat to narrowly mixed in thin-volume trading, with some soybean contracts […] Read more
U.S. grains: Soy eases on profit-taking after big weekly gains
Chicago | Reuters –– U.S. soybeans futures fell one per cent on Friday, reversing from a two-month high while wheat and corn also eased as investors took profits after recent gains, traders and analysts said. Front-month Chicago Board of Trade November soybeans tested Thursday’s peak of $10.20 per bushel, but topped out at $10.17-1/2 and […] Read more
U.S. grains: Soybeans rise on export sales, soymeal gains
Chicago | Reuters — U.S. soybean futures were narrowly higher on Thursday, reaching two-month peaks as they extended gains on the back of big export sales to China and as soymeal futures surged two per cent. Chicago Board of Trade corn futures rose for the third straight session, while wheat futures were mostly higher, with […] Read more
U.S. grains: Soybeans hit two-month high
Chicago | Reuters — U.S. grain and oilseed futures rose more than one per cent on Wednesday, lifted by investment fund buying and expectations for increased export demand as harvests neared completion, traders and analysts said. Chicago Board of Trade soybean futures climbed to a two-month high. Soymeal futures surged more than three per cent […] Read more
U.S. grains: Wheat, corn gain on short-covering
Chicago | Reuters — U.S. wheat and corn futures were narrowly higher on Tuesday as traders covered short positions after prices for each crop fell to the lowest levels in more than a week. The dollar reversed lower after a nine-month high against a basket of currencies, further underpinning grain prices, as a weaker dollar […] Read more
U.S. grains: Soy jumps on vegetable oils’ gains
Chicago | Reuters — U.S. soybean futures climbed to a two-month high on Monday on brisk U.S. exports and rising prices for vegetable oils. Chicago Board of Trade wheat fell more than two per cent and corn futures one per cent, weighed down by spread trading tied to abundant global grain supplies and a firm […] Read more