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Spring wheat

(Keith Weller photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soybeans gain as soyoil rallies

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean future surged 2.8 per cent on Monday to their highest in more than three weeks, supported by strong export demand and a rally in the soyoil market, traders said. The gains in soybeans pulled corn higher, but wheat closed lower as traders locked in profits from early gains amid […] Read more
(Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: Corn touches seven-year low on record crop view

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures plunged to a seven-year low on Friday and hit contract lows in all months after a the government forecast a larger-than-expected harvest, but the market ultimately closed firm as the low prices prompted bargain buying. Soybeans eased as the U.S. Department of Agriculture projected the U.S. crop would […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy firms modestly on export demand

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybeans firmed on Thursday on signs of resurgent export demand but corn drifted lower in subdued trade as the market awaited key monthly reports due Friday from the U.S. Department of Agriculture. Wheat fell despite better-than-expected weekly export sales data. At the Chicago Board of Trade, November soybeans settled up […] Read more
(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy, corn stuck in place ahead of USDA data

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Reading Time: 2 minutes CNS Canada — Soybean and corn markets at the Chicago Board of Trade are trading in tight ranges ahead of key data from the U.S. Department of Agriculture. But increased global demand for U.S. commodities could underpin prices going forward, one U.S. analyst says. Soybeans – “We’re all just waiting,” said Scott Capinegro of Chicago-based […] Read more
(Keith Weller photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soybeans fall on weather, snap five-session rally

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Wednesday, pressured by favourable crop weather and profit-taking after a five-session advance that was driven by resurgent export demand, analysts said. Corn futures firmed modestly, gaining against soy ahead of a key U.S. government crop report due on Friday, while wheat futures rose on hopes for […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy export demand extends rally while corn sags

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose for a fifth straight session on Tuesday, supported by persistent export demand, traders said. Corn futures drifted lower, however, as traders adjusted positions ahead of monthly U.S. crop reports due on Friday, while wheat settled unchanged. At the Chicago Board of Trade, the benchmark November soybean contract […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy rises to one-week high on export deals

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose to a one-week peak on Monday on strong export demand and drier-than-expected Midwest weather over the weekend, although forecasts for a bumper U.S. harvest this autumn limited gains. Corn futures edged higher on short covering following recent declines, while wheat prices were narrowly mixed. Some traders squared […] Read more
The Nile River at Cairo. (CIA.gov)
Crops, Reuters, Spring Wheat

Egyptian prosecutor says millions in local wheat falsely claimed

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Reading Time: 2 minutes Cairo | Reuters –– Egypt’s general prosecutor said on Sunday that local wheat suppliers worked with government employees to falsely claim 621 million Egyptian pounds (C$92.5 million) worth of grain that does not exist. Egypt has been embroiled in a controversy over its local wheat supplies, with grains industry officials claiming that over two million […] Read more
(Jack Dykinga photo courtesy ARS/USDA)
Crops, Reuters, Spring Wheat

Quarantined Washington wheat negative for GMO

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Reading Time: < 1 minute Reuters — No genetically modified (GMO) wheat has been found in a Washington state farm’s crop tested after an unapproved biotech variety was discovered growing there in June, the U.S. Department of Agriculture said on Friday. The quarantined grain will be allowed to enter the marketplace, USDA said. USDA’s Animal and Plant Health Inspection Service […] Read more
(Jack Dykinga photo courtesy ARS/USDA)
Cereals, Crops, Reuters

Korea reports no GMO in U.S. wheat imports

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Reading Time: < 1 minute Seoul | Reuters — South Korea has not detected any genetically modified wheat in tests on imports of wheat and flour from Washington state, after the discovery of unapproved GM wheat in the U.S. state prompted Japan and South Korea to suspend certain U.S. imports. South Korea, the fifth largest market for U.S. wheat, had […] Read more

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