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U.S. grains: Wheat, soy, corn futures extend surge on volatile global weather

Reading Time: 2 minutes Chicago | Reuters – U.S. wheat, soybean and corn futures soared to multi-month highs on Monday on worries about potentially crop-damaging weather in Brazil and Russia. Chicago Board of Trade (CBOT) July wheat WN24 settled up 26-1/4 cents at $6.48-3/4 a bushel after climbing to $6.50-1/4, its highest level since late December. CBOT July corn CN24 ended up 8-3/4 […] Read more

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U.S. grains: Corn hits 3-month high; soy, wheat climbs on weather

Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures rose on Friday to their highest level since January before turning lower and soybeans reached a one-month peak as floods disrupted harvests in top exporter Brazil and disease ate into Argentina’s corn crop, analysts said. Wheat futures hit a one-week high on renewed concerns over dry weather in Russia, the world’s biggest […] Read more












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Canola net short position edges lower

Reading Time: < 1 minute The managed money net short position in canola futures edged lower in the latest reporting period, as fund traders covered some of their bearish bets, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).