Chicago / Reuters – U.S. corn futures firmed on Monday as forecasts for scorching heat this week in the Midwest, where the crop is pollinating, fuelled concerns about yield prospects, traders said. Soybeans turned higher as updated midday forecasts called for more hot and drier conditions next week, a change from previous outlooks that had predicted […] Read more
U.S. grains: Corn, soybeans end higher as U.S. hot spell looms
U.S. grains: Corn, soy sag on long liquidation
Chicago | Reuters — U.S. corn and soybean futures declined on Friday in a sometimes-volatile session as shifting weather forecasts for the Corn Belt prompted traders to liquidate long positions, analysts said. Wheat futures also fell, following corn and soybeans. At the Chicago Board of Trade, most-active December corn settled down 6-1/2 cents at $3.58-1/4 […] Read more
U.S. grains: New forecast ends rallies
Chicago | Reuters — U.S. soybean futures fell 3.8 per cent on Thursday, giving up early gains after new weather forecasts boosted expectations of a robust harvest in the U.S. Corn and wheat futures also closed lower after rallying to two-week highs earlier in the session. The latest outlooks dialed back the amount of time […] Read more
U.S. grains: Corn, soybeans extend rally as fundamentals improve
Chicago | Reuters — U.S. soybean and corn futures rallied on Wednesday, both posting their second straight day of sharp gains on concerns about hot and dry weather cutting into U.S. soybean crops and expectations of strong exports of U.S. corn. “Soybeans are the main drivers of the grain market as traders continue to put […] Read more
U.S. grains: Soybeans jump on worries heat may threaten crops
Chicago | Reuters — U.S. grain futures rose on Tuesday, with soybeans touching a one-week high, on worries that a heat wave may threaten crops later this summer. Concerns about the risk of damaging weather overshadowed a new report from the U.S. Department of Agriculture, which predicted a big domestic soybean harvest will help offset […] Read more
U.S. grains: Corn, wheat, soy sag ahead of USDA reports
Chicago | Reuters — U.S. corn futures fell on Monday, as investors braced themselves on the eve of a monthly U.S. Department of Agriculture report that analysts expected to project rising domestic corn stockpiles. Wheat and soybeans followed corn lower, although forecasts for hot weather in the U.S. Midwest crop belt later this month underpinned […] Read more
U.S. grains: Bargain hunting, weather concerns support soy, corn gains
Chicago | Reuters — U.S. soybean and corn futures rallied on Friday on a bargain-buying bounce after declining sharply earlier in the week. Concerns about hot and dry weather stressing both crops as they head toward key developmental phases added to the strength. “Traders continue to have concerns about forecasts calling for hot and dry […] Read more
U.S. grains: Soybeans fall, pull corn from highs
Chicago | Reuters — U.S. soybean futures plunged 4.7 per cent to their lowest in nearly two months on Thursday, weighed down by forecasts for good weather for crop development across the U.S. Midwest. The sharp drop in soybeans weighed on corn, which settled close to unchanged as traders locked in profits from a surprise […] Read more
U.S. grains: Good weather sparks selling in CBOT corn, soybeans
Chicago | Reuters –– U.S. corn futures tumbled 2.4 per cent to a 21-month low on Wednesday, falling for a fifth session in a row as good weather for crop development raised expectations of a bountiful harvest in the fall. Soybeans also fell on pressure from an outlook for good weather across broad swaths of […] Read more
U.S. grains: Wheat, soybeans, corn fall on rising supply view
Chicago | Reuters –– U.S. wheat futures sank to multi-year lows on Friday, pressured by an ample global stockpile that was expected to grow even larger due to a bountiful harvest, traders said. Corn and soybean futures also weakened, with soybeans settling back from a rally on Thursday that pushed prices to a two-week high. […] Read more
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