Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell about two per cent on Thursday, with the new-crop November contract dropping below psychological support at US$10 a bushel, on favourable crop weather and fund-driven long liquidation, analysts said. Corn futures followed soybeans lower while wheat rose, supported by poor weather in several global production areas that […] Read more
U.S. grains: Soybeans, corn slide on weather
U.S. grains: Wheat climbs on global weather woes
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures climbed nearly two per cent on Wednesday on a mix of technical buying and worries about persistent dry weather in major exporting countries including Russia and Australia. Corn and soybeans sagged as weather in the U.S. crop belt remained mostly favourable. Chicago Board of Trade July wheat settled […] Read more
U.S. grains: Wheat, corn climb on bargain-buying
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures closed higher Tuesday on a technical bounce a day after the spot July contract neared a two-week low, and on worries about dry weather in the Black Sea crop region, analysts said. Corn also advanced, rebounding from a two-month low, while soybeans closed mixed as nearby contracts lost […] Read more
U.S. grains: Corn, soy slide on crop weather, trade jitters
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to a two-month low on Monday as favourable U.S. crop weather and worries about trade disputes triggered fund-driven long liquidation, analysts said. Soybeans and wheat followed the weak trend that spread across commodity markets. Chicago Board of Trade July corn settled down 10-3/4 cents at $3.80-3/4 per […] Read more
U.S. grains: Corn sags on long liquidation, favourable crop conditions
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell on Friday on technical selling including fund-driven long liquidation along with strong crop prospects amid mostly favourable weather in the U.S. Midwest, analysts said. Wheat futures also declined as the U.S. winter wheat harvest began while soybeans closed firm as traders awaited news from U.S.-China trade talks […] Read more
U.S. grains: Soybeans turn lower on trade tensions
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures ended lower on Thursday on worries about global trade tensions threatening exports, analysts said, while wheat and corn firmed on bargain-buying and ideas of tightening global supplies. Chicago Board of Trade July soybeans settled down 4-1/2 cents at $10.18-1/2 per bushel (all figures US$). July wheat ended up […] Read more
U.S. grains: Wheat retreats on profit-taking, weather
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell about two per cent on Wednesday on a mix of profit-taking following 10-month highs established a day earlier and improving weather forecasts for U.S. and Canadian spring wheat regions, analysts said. Corn futures hit a one-month low and soybeans followed the weak trend. As of 12:51 p.m. […] Read more
U.S. grains: Corn, soy sag on renewed U.S.-China trade tension
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell about 1.5 per cent on Tuesday, with the front contract at times dropping below US$4 a bushel as U.S. trade tensions with China re-emerged, analysts said. Wheat turned lower after climbing to multi-month highs, and soybeans also slipped. Chicago Board of Trade July corn settled down six […] Read more
U.S. grains: Soybeans to one-month low on technicals, trade worries
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to their lowest level in a month on Friday on a mix of technical selling ahead of the weekend and uncertainty about how trade disputes would affect exports, analysts said. Wheat and corn also fell, pressured by long liquidation and bearish data in Thursday’s supply/demand reports from […] Read more
U.S. grains: Wheat slips on bearish USDA crop forecast
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures fell to a near two-week low on Thursday after the U.S. Department of Agriculture’s first official estimate of the 2018-19 U.S. wheat harvest came in above trade expectations. Soybean futures rose, while corn followed wheat lower. CBOT July wheat settled down four cents at $5.06-1/2 […] Read more