Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures surged seven per cent on Thursday as a softer dollar inspired funds to cover short positions, analysts said. Corn followed wheat higher, while soybeans closed flat after a private forecast for record-high U.S. soybean plantings. At the Chicago Board of Trade, July wheat settled up 32-3/4 cents at […] Read more
U.S. grains: Wheat surges as funds cover short positions
U.S. grains: Soy, wheat, corn post light gains in technical trade
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose slightly on short-covering on Wednesday after falling nearly two per cent a day earlier when a U.S. Agriculture Department report projected domestic soy stocks would rise to a nine-year high. Wheat and corn futures also edged higher on largely technical buying with ample global grain supplies limiting […] Read more
U.S. grains: Soybeans slide as USDA forecasts ballooning stocks
Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade soybean futures fell nearly two per cent on Tuesday after the U.S. Department of Agriculture projected domestic stocks would rise to 500 million bushels by the end of the 2015-16 marketing year, a nine-year high if realized. Corn ended almost unchanged after sliding to its lowest level […] Read more
U.S. grains: Corn lower on bird flu outbreak, planting progress
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell more than one per cent on Tuesday on planting progress in the world’s top producer, coupled with concerns about bird flu slowing demand for poultry feed, traders said. Soybeans declined as the bird flu fears pressured futures for soymeal, which like corn is a major poultry feed […] Read more
U.S. grains: Wheat falls six per cent in week as rains arrive on Plains
Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade wheat futures ended steady on Friday but fell six per cent for the week as drought-relieving rains arrived in the southern U.S. Plains crop belt. Corn futures firmed in a technical bounce after falling to a near one-month low this week, and soybeans posted a slight gain. […] Read more
U.S. grains: K.C. wheat to multi-year lows as rains reach Plains
Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade soft wheat futures rose on Thursday while K.C. hard red winter wheat fell to multi-year lows on poor export demand and much-needed rains falling in key U.S. crop areas, traders said. Corn and soybeans ended nearly unchanged after a choppy session. At the CBOT, May wheat settled […] Read more
U.S. grains: Soy rallies to one-week high, wheat falls to one-month low
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures climbed to a one-week high on Wednesday on technical buying and data showing U.S. processors crushed more soybeans in March than analysts expected. Corn followed soybeans higher while wheat fell to a one-month low, extending this week’s losses on forecasts for drought-relieving showers in the […] Read more
U.S. grains: Wheat nears one-month low on rain in forecast
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat fell below US$5 a bushel to its lowest in nearly a month on Tuesday, under continued pressure from forecasts of drought-relieving showers in the U.S. grain belt. Soybeans rallied from recent multimonth lows on bargain buying, and corn also firmed. At the CBOT, May wheat settled […] Read more
U.S. grains: Wheat wanes as rain expected on Plains
Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade wheat futures fell more than four per cent on Monday to the lowest in two weeks as forecasts for timely showers across dry U.S. crop regions eased concern over potential yield losses. Corn followed wheat lower, while soybeans fell on rising global stockpiles. At the CBOT, May […] Read more
U.S. grains: Wheat up four per cent on dry Plains conditions
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures rose more than four per cent on Monday as dry conditions in parts of the U.S. Plains, coupled with hot weather this week, prompted investors to cover positions, traders said. Corn followed wheat up and soybeans closed fractionally higher as traders focused on a pair […] Read more
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