Chicago | Reuters — U.S. corn and soybean futures fell one per cent or more on Monday, pressured by outlooks for drier weather conditions that should let farmers make headway in gathering record-large crops, traders said. Chicago Board of Trade wheat futures also were lower as investors squared positions ahead of the U.S. Department of […] Read more
U.S. grains: Corn, soy decline to one-week lows
U.S. grains: Soy futures follow cash market lower
Chicago | Reuters — U.S. soybean futures fell 1.9 per cent to a one-week low Friday morning on reports of big harvest yields and heavy farmer sales on the cash market, traders said. Wheat futures weakened as traders said ample global supplies were likely to blunt the impact of India’s decision to slash its import […] Read more
U.S. grains: Fund sales pressure corn prices
Chicago | Reuters — Chicago Board of Trade corn futures sagged 1.1 per cent on Thursday on a round of fund selling as the pace of harvest quickened around the U.S. Midwest and cash markets weakened, traders said. Wheat futures also fell, following corn lower, while soybeans edged higher on strong crude oil markets and […] Read more
U.S. grains: Harvest pressure, profit-taking pull down corn, soy
Chicago | Reuters — U.S. soybean and corn futures fell on Thursday, pressured by profit-taking after a streak of gains and by weakness on the cash market, traders said. Wheat futures rose slightly, with short-covering supporting prices. Wheat also received support from the Egyptian government’s decision to reverse its zero-tolerance policy on the common grain […] Read more
U.S. grains: Harvest delays spark soybean rally
Chicago | Reuters — Chicago Board of Trade soybean futures rose 1.7 per cent on Tuesday, hitting a nearly one-month high on strong export demand and as rains delayed harvest in key production areas of the U.S. Midwest, traders said. The delays also supported corn futures, while wheat rose on technical buying and short-covering. Both […] Read more
U.S. grains: Soybeans rise on technical buying
Reuters — U.S. soybeans rose on Monday for a third straight session, boosted by strength in vegetable oil markets and technical buying. Corn turned higher on chart-based buying and Chicago wheat finished mixed, held in check by an ongoing disruption in Egyptian wheat imports. Chicago November soybean futures climbed 6-1/2 cents, or 0.8 per cent, […] Read more
U.S. grains: Rainy Midwest sparks rally in corn, soybeans
Chicago | Reuters — U.S. corn futures rose 1.9 per cent on Friday as worries about rains delaying the Midwest harvest prompted traders to cover short positions ahead of the weekend, analysts said. Soybeans and wheat followed corn higher. Chicago Board of Trade December corn futures settled up seven cents at $3.37 per bushel (all […] Read more
U.S. grains: Soy up on rebound after three-day slide
Chicago | Reuters — U.S. soybean futures rose on Thursday, snapping a three-day slide on bargain buying and signs of fresh export demand, traders said. But corn and wheat futures fell, pressured by prospects for huge grain supplies as the U.S. autumn harvest got underway. At the Chicago Board of Trade, November soybeans settled up […] Read more
U.S. grains: Wheat, corn futures edge higher
Chicago | Reuters — U.S. wheat and corn futures firmed slightly on Wednesday, supported by a round of bargain buying, traders said. Wheat received additional support from a weakening dollar and hopes that export demand for U.S. supplies will perk up in the coming weeks amid a production shortfall in Europe. Export demand also provided […] Read more
U.S. grains: Soy, corn drop on record U.S. crop view, firmer dollar
Chicago | Reuters –– U.S. soybean futures dropped more than two per cent on Tuesday, extending the previous session’s steep losses after the U.S. Department of Agriculture raised its production forecast well above market expectations. Corn futures also fell as USDA projected a record-large U.S. crop that would outstrip demand, and as updated acreage data […] Read more
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