Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures climbed nearly two per cent on Thursday, hitting a one-week high as higher-than-expected weekly export sales and prospects for U.S. harvest delays sparked a round of short-covering, analysts said. Soybeans also rose about two per cent, while wheat futures posted modest gains after a choppy session. Chicago Board […] Read more
U.S. grains: Corn, soy up as export data sparks short-covering
U.S. grains: Soybeans rebound from 10-year low
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose roughly two per cent on Wednesday, rebounding a day after the most active contract fell to a 10-year low as the harvest of a likely record-large U.S. crop got under way, analysts said. U.S. wheat futures climbed on technical buying and tightening global supplies, while corn futures […] Read more
U.S. grains: Soy hits 10-year low on huge U.S. crop, trade woes
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to life-of-contract lows on Tuesday and the most actively traded contract hit its lowest in a decade as an escalating U.S.-China trade war darkened U.S. export prospects, analysts said. Corn futures also hit contract lows as the U.S. harvest expanded, while wheat futures rose on tightening global […] Read more
U.S. grains: Corn slips to contract lows
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell about one per cent on Monday, with nearby months hitting contract lows as the harvest of a bumper crop picked up speed in the Midwest and early yield reports were strong, traders said. Soybean futures also declined on harvest progress, along with disappointing U.S. soy crush data […] Read more
U.S. grains: Wheat firm on technical bounce, tightening global supplies
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose more than three per cent on Monday on a mix of technical buying after last week’s seven-week low and fundamental support from tightening supplies in Australia and Russia, analysts said. Soybean futures also advanced while corn futures were little changed ahead of key monthly crop reports due […] Read more
U.S. grains: Corn, soy rise on short-covering
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures rose on Friday as traders covered short positions ahead of a long holiday weekend, but both commodities posted monthly declines as prospects for large U.S. harvests weighed on prices. Wheat climbed on technical buying, along with worries about tightening global supplies. Chicago Board of Trade December […] Read more
U.S. grains: Soybeans fall as huge harvest looms
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures declined on Thursday on expectations of a massive U.S. harvest and worries about sluggish demand, traders said. Wheat futures fell on technical selling and profit-taking after Wednesday’s 3.5 per cent surge while corn futures were little changed. Chicago Board of Trade November soybean futures settled down 4-1/2 cents […] Read more
U.S. grains: Wheat soars on new rumours of Russian export curbs
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose 3.5 per cent on Wednesday on technical buying and rumours that Russia might curb wheat exports, traders said. Soybeans and corn closed modestly higher, following wheat. Chicago Board of Trade December soft red winter wheat futures settled up 18-1/2 cents at $5.41-3/4 per bushel (all figures US$). […] Read more
U.S. grains: Soy falls to six-week low on crop prospects
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell nearly two per cent on Tuesday, with the benchmark November contract on the Chicago Board of Trade hitting a six-week low on expectations of a bumper U.S. harvest and uncertainty about demand, analysts said. Corn futures followed soybeans lower while CBOT wheat steadied after a six-session slide […] Read more
U.S. grains: Soy, corn hit six-week lows on record crop prospects
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures fell to six-week lows Monday on expectations of large U.S. crops and fears that hog disease in China might hurt demand for feed, analysts said. Chicago Board of Trade wheat futures also declined, sliding for a sixth session. CBOT November soybeans settled down seven cents at […] Read more