Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures fell on Thursday on disappointing weekly export data and expectations that U.S. farmers might increase soybean seedings this spring and plant less corn, analysts said. Corn and wheat futures closed higher. At the Chicago Board of Trade, July soybeans settled down 6-1/4 cents at $10.72 per bushel (all […] Read more
U.S. grains: Soy falls on weak export data, planting expectations
U.S. grains: Soybeans retreat from multi-month highs
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures declined on Wednesday in a light profit-taking setback, one day after bullish soy stocks data in a monthly U.S. government report sent soybeans soaring to the highest levels since 2014. Wheat also sagged, pressured by plentiful global supplies and the approach of the U.S. harvest. At […] Read more
U.S. grains: Soy soars to 18-month top as USDA tightens stocks view
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures surged more than five per cent to their highest level in 18 months on Tuesday after the U.S. Department of Agriculture forecast that domestic stocks would fall more than most analysts expect by the end of the 2016-17 marketing year. Corn and wheat futures followed soybeans higher, although […] Read more
U.S. grains: Corn falls two per cent ahead of monthly USDA report
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell about two per cent on Monday to the lowest level since mid-April, pressured by broad weakness in commodities and positioning a day ahead of a monthly U.S. Department of Agriculture report, analysts said. Soybean and wheat futures also fell. At the Chicago Board of Trade, most-active July […] Read more
U.S. grains: Corn hits four-month top on short-covering
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures hit a four-month high on Friday as concern about summer weather risk in the Midwest and dry conditions in Brazil prompted investors to cover short positions, analysts said. Soybean futures also rose, but stayed below multi-month peaks set this week, while wheat ended flat. At the Chicago Board […] Read more
U.S. grains: Soy falls from eight-month top
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell nearly one per cent on Thursday on profit-taking and softening cash markets following a four-session advance that lifted the spot May contract to an eight-month high, traders said. Wheat futures ended lower one day after setting a one-week high. But corn settled modestly higher, supported by stronger-than-expected […] Read more
U.S. grains: Corn jumps three per cent, most in seven months
Reading Time: 2 minutes Chicago | Reuters –– Front-month U.S. corn futures rose three per cent on Wednesday, their biggest single-day advance since September, on short-covering and concerns about planting prospects in the Midwest, analysts said. Concerns about South American weather lent support. Soybean futures also charged higher, buoyed by chart-based buying and data showing strong demand from China, […] Read more
U.S. grains: Wheat to five-week low on forecasts for rains
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell three per cent to a five-week low on Monday as weekend rains in the U.S. Plains, and forecasts for more next weekend, eased worries about yield prospects, traders said. Corn followed wheat down, but soybeans rose to an eight-month high on technically driven trade. At the Chicago […] Read more
U.S. grains: Wheat hits six-session high, weather sparks short-covering
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures climbed to their highest in six trading sessions on Thursday as expanding dryness in the southern Plains hard wheat belt triggered a round of short-covering, traders and analysts said. Traders were also concerned about a threat of flooding in the Mississippi River Delta region, which grows soft red […] Read more
U.S. grains: Wheat rallies after multiyear lows
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures rallied to close higher on Wednesday as traders covered short positions following the market’s drop to its lowest level in nearly six years. Soybean futures also advanced on bargain buying, halting a six-session slide, while corn settled fractionally higher. At the CBOT, May wheat finished […] Read more
A message from April Stewart, Country Guide's Associate Editor
