Reading Time: 2 minutes U.S. corn futures rose on Wednesday on technical buying and short covering that lifted prices from Tuesday's one-month lows as traders assessed Midwestern weather conditions before the spring planting season.
Oilseeds
U.S. grains: Technical buying lifts grains, soy as US Midwest planting season nears
ICE Weekly: More room to the upside for canola
Reading Time: 2 minutes After the May contract on the Intercontinental Exchange (ICE) fell to its lowest level in two-and-a-half weeks, at C$615.70 per tonne on March 28, it jumped to rise above C$645 on April 2. However, the contract closed C$10 below their daily highs on both April 2 and 3.
Spring wheat futures find support, soybeans/corn rangebound
Reading Time: 2 minutes After hitting their softest levels in three years, the Minneapolis spring wheat market uncovered some support on April 3, although all the spring-seeded U.S. crops could hold rangebound through the planting season.
U.S. grains: Corn down as Midwest outlook seen boosting spring planting
Reading Time: 2 minutes U.S. corn futures dropped on Tuesday on forecasts for good spring planting weather, easing concerns about a lower-than-expected acreage outlook from the U.S. Department of Agriculture (USDA) last week.
U.S. grains: Corn sinks on big supplies; wheat down on good winter crop outlook
Reading Time: 2 minutes U.S. grain futures fell on Monday as pressure from ample supplies partly unraveled steep gains late last week following a U.S. Department of Agriculture report that projected lower-than-expected U.S. corn plantings.
CBOT Weekly: Markets react to USDA reports
Reading Time: 2 minutes Projected corn acres at the lower end of trade expectations was the most notable news after the United States Department of Agriculture (USDA) released its Prospective Plantings and Quarterly Stocks reports on March 28.
U.S. grains: Corn and soy fall on positioning ahead of USDA reports
Reading Time: 2 minutes Chicago Board of Trade (CBOT) corn and soybean futures ticked down on Wednesday as traders adjusted positions ahead of U.S. Department of Agriculture (USDA) quarterly grain stocks and prospective plantings reports due on Thursday.
ICE Canada Weekly: Canola set to rise, but not a sure thing
Reading Time: 2 minutes After incurring sharp losses on Tuesday and Wednesday, canola futures on the Intercontinental Exchange were poised for a turnaround to swing higher. MarketsFarm analyst Mike Jubinville suggested that cash prices on the Canadian Prairies should soon return to C$14 per bushel and maybe push as high as C$15.
U.S. grains: Wheat, corn, soybeans ease ahead of USDA reports
Reading Time: 2 minutes Chicago Board of Trade (CBOT) wheat futures fell on Tuesday in technical trading, as large Russian supplies, a strong dollar and fading Chinese demand also weighed on the market, analysts said.
U.S. grains: Wheat rises on Black Sea tensions, but off three-week peak
Reading Time: 2 minutes Chicago Board of Trade (CBOT) wheat futures settled up on Monday, but fell short of the three-week high that prices hit early in session.