Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures fell slightly on Tuesday as traders squared positions at month-end. A faster-than-average U.S. seeding pace in the U.S. Department of Agriculture’s (USDA) Monday crop conditions report pressured corn futures, while traders noted the condition of U.S. winter wheat was not as good as expected. Demand for […] Read more
U.S. grains: Choppy markets settle lower as demand destruction persists
Corn, soybeans down slightly as traders square positions
U.S. grains: Active planting weighs on corn
Chicago wheat hits lowest level since March 19
Reading Time: 2 minutes Chicago | Reuters — Chicago corn futures slid on Monday on favourable U.S. planting weather coupled with struggling crude oil prices that continue to pressure demand for corn-based ethanol, analysts said. Chicago Board of Trade (CBOT) wheat futures slipped to one-month lows as expected rain across Europe eased concerns about crop stress while competitive Saudi […] Read more
U.S. grains: Chicago wheat stabilizes
Corn steady after lows; soybeans continue to slip
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures rose on Friday, as traders wrestled with conflicting signals — from concerns over export demand of U.S. crops to the potential of weather risks. Corn futures edged higher on bargain shopping, consolidating above a 3-1/2 year low this week, while soybeans fell slightly, traders said. The modest gains […] Read more
U.S. livestock: Cattle mixed on hopes of economic reopening
'We're producing too many pigs for our demand'
Reading Time: 2 minutes Chicago | Reuters — U.S. live and feeder cattle futures ended mixed on Friday, with nearby contracts pressured by coronavirus-related disruptions at packing plants, while hopes for a reopening of the economy lifted deferred contracts. Actively traded June live cattle ended higher on the week, for a second straight week, after seven consecutive weeks of […] Read more
U.S. grains: Wheat slumps after Egypt again passes on U.S. product
Soybeans slip on low exports, livestock feed worries
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures retreated on Thursday as worries over favourable weather dissipated and demand concerns resurfaced after top importer Egypt passed on U.S. wheat in a purchasing tender for a second straight day. Soybean futures sagged on weaker-than-expected export sales and worries of diminished livestock feed demand, while corn firmed after […] Read more
U.S. grains: Soybeans fall further on coronavirus demand risks
Wheat slides as U.S. crop ratings hold steady
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures slid lower on Tuesday as fears of demand destruction for livestock feed due the closure of several U.S. meat packing plants hung over the market. Corn also inched lower, hovering near a 3-1/2-year low as it tracked crude oil markets. More than a third of the U.S. crop […] Read more
U.S. grains: Soybeans drop as livestock markets drag soymeal lower
Wheat eases on global supply; corn unfazed by crude oil deal
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures fell more than one per cent on Monday in the market’s steepest drop in 1-1/2 weeks, as livestock processing plant closures that impact feed supply weighed on soymeal prices. Corn also sagged despite optimistic news that OPEC might curb oil production, after a deal was signed over the […] Read more
U.S. grains: Soybeans, wheat climb on currency
Corn rises and falls with oil
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean and wheat futures on Thursday posted their biggest gains in two weeks, as a falling U.S. dollar made exports more attractive against South American and Black Sea grain producers. Corn futures climbed early on strong U.S. export sales and an early jump in crude oil prices, but settled only […] Read more
U.S. grains: Corn slumps as ethanol production hits decade low
Improved U.S. wheat crop ratings raise expectations of bumper supplies
Reading Time: 2 minutes Chicago | Reuters — Chicago corn futures slumped on Wednesday, giving up part of the previous session’s gains, as the U.S. government reported the U.S. ethanol industry saw a near-decade low in weekly production amid massive stocks. Wheat futures followed in mid-day trading, as investors squared up their positions ahead of Thursday’s world agriculture supply […] Read more
U.S. grains: Corn rally sputters, wheat slides on growing conditions
Soybeans up, eyes on South American crop
Reading Time: 2 minutes Chicago | Reuters — A rally in Chicago corn futures on Tuesday that was buoyed by a run-up in the energy market sputtered by day’s end as crude oil prices slipped. May corn futures climbed nearly two per cent in mid-day trading, but cut gains in half as crude oil prices closed down for a […] Read more
A message from April Stewart, Country Guide's Associate Editor
