Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell to multi-year lows on Tuesday, pressured by strength in the dollar and better crop conditions than last year in the Plains, analysts said. Soybean and corn futures declined for a sixth straight session, with the most-active May contracts in both markets falling to multi-week lows. At the […] Read more
U.S. grains: Wheat to multiyear lows on strong dollar, crop ratings
U.S. grains: Corn sags for fifth straight session on lacklustre demand
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures fell on Monday for a fifth straight session, retreating from early advances as concerns about weak demand pressured the market, traders said. Soybean futures sagged on larger-than-expected deliveries against futures while wheat futures were mostly higher. At the CBOT, the most active May corn contract […] Read more
U.S. grains: Wheat down on ample supplies
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures fell more than one per cent on Thursday, easing from a two-session rally as traders returned their focus to record-large global inventories and poor export demand for U.S. supplies, traders said. Corn and soybean futures also declined. At the CBOT, March wheat settled down 6-1/4 […] Read more
U.S. grains: Wheat falls on poor export data
Reading Time: 2 minutes Chicago | Reuters –– Wheat futures on the Chicago Board of Trade fell 1.5 per cent on Thursday on disappointing U.S. export sales data, traders said. Corn and soybeans also fell, retreating from six-week highs set this week, on improving crop prospects in South America. At the CBOT, March wheat settled down 7-1/4 cents at […] Read more
U.S. grains: Fund short-covering lifts grain/soy complex
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures climbed to six-week highs on Tuesday on fund-driven buying as the grain complex shrugged off weakness in global equity markets and crude oil, traders said. But wheat futures settled flat as all three commodities pared gains by the close. At the Chicago Board of Trade, the […] Read more
U.S. grains: Wheat sags on ample global supplies
Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures closed lower on Monday amid plentiful global inventories and poor export demand for U.S. supplies, traders said. Corn and soybeans also fell as macroeconomic worries hung over the market and on some forecasts for much-needed rains in Argentina next week. At the Chicago Board of Trade, March wheat […] Read more
U.S. grains: Wheat rises to one-month high on technicals
Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade wheat prices climbed to a one-month high Tuesday on chart-based buying and fund short-covering as the market digested news that Russia might limit grain exports, traders said. U.S. soybean futures retreated and corn closed lower after a volatile session. At the CBOT, March wheat settled up 3-1/4 […] Read more
U.S. grains: Wheat up on talk of Russia curbing exports
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures climbed to a one-week high on Monday on short-covering and concerns about the possibility that Russia might limit exports, traders said. Soybeans rose, led by soymeal, while corn ended nearly unchanged. At the Chicago Board of Trade, March wheat settled up six cents at $4.81-1/2 per bushel (all […] Read more
U.S. grains: Soy and grains post annual declines
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Thursday as traders eyed forecasts for much-needed rains in Brazil, while corn and wheat ended narrowly mixed in light year-end trading. All three commodities posted annual declines for 2015. Markets will be closed on Friday for the New Year’s Day holiday. “Going into the weekend with […] Read more
Cargill to sell crop insurance unit to Silveus
Reading Time: 2 minutes Reuters — Global commodities trader Cargill will sell its crop insurance business to the Silveus Insurance Group next month, the two companies said Tuesday. The deal will close the second week in January, said Tyler Silveus, CEO for Silveus, based in Warsaw, Indiana. “We are not disclosing terms of the deal, other than we are […] Read more