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Crops, Markets, Reuters

U.S. grains: Soybeans climb to biggest weekly gain in 22 years as U.S. Midwest heats up

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Reading Time: 2 minutes Chicago | Reuters – Chicago soybeans rallied on Friday and were set for their biggest weekly rise in 22 years as forecasts of hot and dry weather in the U.S. Midwest raised supply concerns, while strong soymeal demand added support. Corn made its biggest weekly gain in nearly five months, while wheat finished the week […] Read more
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Crops, Markets, Reuters

U.S. grains: Soybeans, corn firm on anticipated heat stress; wheat follows higher

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Reading Time: 2 minutes Chicago | Reuters  – Chicago corn and soybean futures extended gains on Thursday, as expectations for hot and dry weather conditions in the coming weeks across parts of the U.S. Midwest threaten yields. Wheat followed higher as there was still some uncertainty about the volume of Ukraine’s exports through the Black Sea despite expectations they […] Read more
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Crops, Markets, Reuters

U.S. grains: Soybeans rally as U.S. forecast turns hot, dry

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Reading Time: < 1 minute Chicago | Reuters – Chicago soybeans futures hit a two-week high on Wednesday as hot and dry weather in parts of the U.S. Midwest through early August threaten to degrade conditions during a crucial soybean plant development phase. Wheat eased as an agreement to reopen Ukrainian maritime grain exports moved forward, despite recent missile attacks […] Read more
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Crops, Markets, Reuters

U.S. grains: Corn, soybeans climb as U.S. crop ratings drop

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Reading Time: 2 minutes Chicago | Reuters – Chicago corn and soybean futures prices rallied on Tuesday as hot, dry conditions threatened both crops. Wheat climbed on concerns over implementation of an agreement to open a corridor for Ukrainian grain exports, following a Russian missile strike on the Ukrainian port of Odesa over the weekend. The most-active corn contract Cv1 on the Chicago […] Read more
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Cereals, Reuters

As grain prices fall, food prices to ease first in developing world -U.S. official

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Reading Time: < 1 minute Sao Paulo | Reuters – Seth Meyer, chief economist at the United States Department of Agriculture, said on Tuesday weaker commodities prices will take longer to ease food inflation in the United States than in the developing world. Some of the world’s poorest nations were hardest hit by a spike in corn and wheat prices after Russia’s […] Read more
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Crops, Markets, Reuters

U.S. grains: Wheat firms after Russian strike threatens Ukraine export deal

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Reading Time: 2 minutes Chicago | Reuters – Wheat prices rallied on Monday after a Russian missile strike on the Ukrainian port of Odesa over the weekend raised doubts about implementation of last week’s agreement to open a corridor for grain exports from Ukraine. Soybean and corn futures followed wheat, supported by forecasts for hot, dry weather across parts […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Speculative net short position grows in canola

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Reading Time: < 1 minute MarketsFarm — The speculative net short position in ICE Futures canola grew during the week ended Tuesday, as fund traders liquidated long positions and opened some new shorts, according to the latest Commitment of Traders (CoT) report compiled by the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures […] Read more

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