(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans rise as drought withers crops in Argentina

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures on Wednesday rose for the sixth time in seven sessions on expectations that a drought-reduced crop in Argentina would buoy demand for U.S. supplies. Gains were limited by plentiful global supplies and strong production prospects in Brazil. Wheat slipped to a two-week low, pressured by high world supplies […] Read more

U.S. grains: Soymeal rally lifts soy, corn

Reading Time: 2 minutes Reuters — U.S. soybean meal futures jumped to their highest level since July 2016 on Tuesday as a drought kept the heat on crops in Argentina, the world’s top exporter of the livestock feed. The rally helped lift soybean and corn prices, which touched seven-month and six-month highs, respectively. Sizzling conditions in Argentina since November […] Read more


(Country Guide file photo)

Prairie wheat bids mixed while U.S. futures rise

Reading Time: 2 minutes CNS Canada — Wheat bids in Western Canada were mixed for the week ended Thursday, while U.S. wheat futures rose. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed in Western Canada with some unchanged and others rising by $1-$2, according to price quotes from a […] Read more

(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy falls on profit-taking

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell from their highest since late July on Friday as traders locked in profits from this week’s weather-driven rally. Soymeal futures were mixed, with the most active contract snapping an eight-session winning streak after rallying to its highest in more than a year and a half. Deferred soymeal […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. grains: Soy, wheat rise on weather concerns

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Thursday to their highest level since July 25 as an ongoing drought in key exporter Argentina underpinned prices. Soymeal futures, which hit a 19-month high, headed higher for the eighth straight session as fears have mounted that Argentina will struggle to meet its export commitments for […] Read more

A gaucho drives a carriage through the pampas (lowland plains), a primary farming and ranching region of Argentina. (CIA.gov)

U.S. grains: Argentine weather underpins corn, soy

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures firmed on Wednesday, stabilizing near recent highs on persistent concerns about dry weather in Argentina hurting crops as they pass through key stages of development, traders said. Corn’s gains were limited as the rally stalled out at the six-month high hit on Tuesday. Soybeans rose to […] Read more


(Mark Wilson photo courtesy Louis Dreyfus Co.)

U.S. grains: Soymeal rally lifts soybean futures

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose to a 10-week high on Tuesday, lifted by a surging soymeal market as dry weather in Argentina threatened to reduce crop yields from that key South American supplier, traders said. Wheat futures dropped as a rally fizzled after prices hit six-month highs. Corn futures, which traded both […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat, soy futures jump on weather woes

Reading Time: 2 minutes Chicago | Reuters — Weather concerns sparked a rally in U.S. wheat and soybean futures on Monday, with forecasts for dry conditions threatening to reduce harvests in key growing areas, traders said. Chicago Board of Trade soft red winter wheat futures jumped 3.4 per cent to their highest since Aug. 8 on concerns about dryness […] Read more


(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat, corn lower in pause after multi-month highs

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat and corn futures fell on Friday, retreating from multi-month highs established a day earlier as traders took profits and focused on prospects for better weather in the drought-hit U.S. Plains wheat belt. Soybeans sagged on much-needed rains in Argentina’s crop belt and worries about U.S. soybean export demand. Broad […] Read more

U.S. grains: Soybeans hit one-week top

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures set a one-week high on Thursday as worries about dry weather curtailing Argentina’s harvest overshadowed bearish data in a monthly U.S. Department of Agriculture report (USDA), analysts said. Corn futures firmed on strong export demand while wheat retreated on profit-taking after multimonth highs. Chicago Board of Trade March […] Read more