Reading Time: 2 minutes (Reuters) — Spring wheat has good yield potential in west-central North Dakota, aided by early planting, scouts on one leg of an annual crop tour said on Wednesday. Crop scouts on the Wheat Quality Council’s tour traveling one route in west-central North Dakota made six stops, mostly in McLean County, and projected an average yield […] Read more
Good wheat prospects in central N.Dakota
Above-average wheat yields in southern North Dakota
Reading Time: 2 minutes Hebron, ND (Reuters) — Spring wheat prospects are above average in southern North Dakota, scouts on an annual crop tour said on Tuesday. Crop scouts on the Wheat Quality Council’s tour travelling one route in south-central and southwestern North Dakota made four stops and projected an average yield of 45.6 bushels per acre (bpa), above the […] Read more
U.S. grains: Corn posts biggest weekly loss in a year; soy, wheat also sag
Reading Time: 2 minutes Chicago/Reuters – U.S. corn futures posted their biggest weekly decline in a year on improving prospects in the Midwest during the crop’s key growth phase, raising expectations for a bumper harvest. Soybean and wheat futures also fell on chart-based selling and spillover pressure from outside commodity markets, including metals and crude oil. “It’s now making […] Read more
U.S. grains: Wheat ends week up 15 per cent on U.S., global weather woes
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures notched their biggest weekly advance in three years on Friday as worries about excessive rains in the Midwest and uncertainty over global crop prospects triggered aggressive fund short-covering, analysts said. Corn and soybeans also rose but pared gains as farmers took advantage of the rally and sold supplies […] Read more
U.S. grains: Corn, soy prices soar as storms drench U.S. Midwest
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures hit their highest level in two months and soybeans topped US$10 a bushel on Thursday on concerns about excessive rains in the U.S. Midwest curbing yield prospects, traders said. Wheat set a two-week high as the wet weather slowed the U.S. soft red wheat harvest, while dry weather […] Read more
U.S. grains: Wheat falls on profit-taking after two-week high
Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade wheat futures fell on Wednesday after a seesaw session, pulled down by profit-taking from a two-week peak and as the hard red winter wheat harvest expanded in the U.S. southern Plains, traders said. Corn and soybeans also declined, reversing midsession gains as producers sold old-crop supplies. But […] Read more
U.S. grains: Wheat soars as rains threaten Midwest’s harvest
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures jumped about four per cent on Tuesday on technical buying coupled with concerns about rains delaying the Midwest harvest, traders said. Corn set a five-week high on declining U.S. crop conditions while nearby soybeans fell on softening cash values and stepped-up farmer selling. At the Chicago Board of […] Read more
U.S. grains: Soybeans hit six-week high on weather jitters
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed to a six-week high on Monday on concerns about tightening old-crop supplies and excessive rains trimming new-crop yield prospects, traders said. Wheat and corn also rose. At the Chicago Board of Trade, the July soybean contract settled up 18 cents at $9.89-1/2 per bushel after reaching $9.90, […] Read more
U.S. grains: Wheat adds two per cent gain to weather-related rally
Reading Time: 2 minutes Reuters — Chicago wheat futures climbed two per cent on Monday, extending last week’s rally on worries over potentially lower crop yields in the U.S. Plains. Wheat’s gains helped pull corn and soybeans close to the multi-week highs they touched on Friday. Weather concerns encouraged investors to cover short positions, said Mark Schultz, chief analyst […] Read more
U.S. grains: Wheat retreats from one-month high
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat prices fell on Friday in a technical setback from a one-month high and a seven per cent surge a day earlier, traders said. Corn and soybeans also eased as U.S. crop prospects remained bright amid generally favourable weather in the Midwest. At the Chicago Board of Trade, July wheat […] Read more
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