Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to a two-week low on Monday on expectations of strong harvest progress in the Midwest and inter-market spreading against soybeans, traders said. Soybean futures closed firm on follow-through buying after a smaller-than-expected U.S. government crop estimate last week but pared gains by the close. Wheat posted modest […] Read more
U.S. grains: Corn to two-week low as U.S. harvest ramps up
U.S. grains: Soybeans fall as harvest looms; wheat firms
Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures fell on Friday and were down about 0.8 per cent for the week as farmers prepared to harvest a bumper crop in the Midwest, traders said. Corn followed soybeans lower while wheat futures firmed on short covering, despite ample global supplies. At the Chicago Board of Trade, November […] Read more
U.S. grains: Corn, wheat, soy drift lower in cautious trade
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures fell for a third day on Thursday as the harvest of an expected bumper crop expanded, but price movement was restrained as markets digested a Federal Reserve decision to leave U.S. interest rates unchanged. Wheat and soybean futures sagged on a lack of supportive fundamental news. All three […] Read more
U.S. grains: Wheat falls to three-month low on ample world supplies
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures fell to a three-month low on Friday on signs that U.S. wheat is overpriced in a well-supplied global market, especially given strength in the U.S. dollar. Soybeans rose on worries about dry weather in parts of the Midwest and spillover support from a strong rally […] Read more
U.S. grains: Soybeans climb as China fears wane
Reading Time: 2 minutes Chicago | Reuters –– Benchmark U.S. soybean futures rose 1.5 per cent on Thursday as equity markets stabilized in China, the world’s top soy buyer, and on outlooks for dry weather as the U.S. Midwest growing season winds down, traders said. Corn clung to modest gains on better-than-expected weekly U.S. export sales and spillover strength […] Read more
U.S. grains: Grains, soy stabilize a day after USDA-led tumble
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose two per cent on Thursday, recovering after a nearly three per cent drop a day earlier when bearish data in a monthly U.S. government crop report sent grain markets tumbling. Soybean and corn futures staged modest rebounds, one day after the U.S. Department of Agriculture report stunned […] Read more
U.S. grains: Soy, corn tumble after USDA hikes U.S. yield forecasts
Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures plunged six per cent and both corn and soybeans briefly fell their respective daily limits on Wednesday after the U.S. Department of Agriculture surprised traders by raising its estimates for domestic corn and soybean crops in a monthly report. Analysts surveyed by Reuters had expected USDA to lower its […] Read more
U.S. grains: Corn follows broad weakness as crop ratings stabilize
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and soybean futures fell on Tuesday from two-week highs as stable crop ratings eased concerns about dry Midwest weather, while China’s devaluation of the yuan led to broad weakness in commodity markets. Wheat also slipped, one day after rallying in step with corn and soybeans despite signs of large […] Read more
U.S. grains: Corn, soy at two-week highs on weather worries
Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade corn and soybean futures climbed to two-week highs on Monday amid concerns about stressful hot weather in the U.S. and Europe coupled with positioning ahead of a monthly U.S. government crop report, traders said. Wheat futures also advanced, following the firmer trend. A setback in the U.S. […] Read more
U.S. spring wheat yield projections highest ever
Reading Time: 1 minute Fargo, N.D. (Reuters) — Yield potential for spring wheat grown in the northern U.S. Plains was projected as the highest on record, with the crop benefiting from timely planting and cool weather, according to results from an annual crop tour. Scouts on the Wheat Quality Council’s three-day tour of North Dakota, the top spring wheat […] Read more
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