Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell to a one-week low on Wednesday on position-squaring ahead of a monthly crop report from the U.S. Department of Agriculture and forecasts for welcome rains in Russia’s crop belt, analysts said. Soybean and corn futures were also lower ahead of the USDA’s report, while soyoil futures firmed, […] Read more
U.S. grains: Wheat, soy, corn lower ahead of monthly USDA reports
U.S. grains: Soy, corn firm on weather worries, bargain buying
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures rose Tuesday on bargain hunting following Monday’s sharp declines, and worries about wet forecasts slowing planting in portions of the northern Midwest, analysts said. U.S. wheat futures finished mixed, with Chicago Board of Trade soft red winter wheat futures rising while K.C. hard red winter wheat […] Read more
U.S. grains: Soy hits one-month low as soymeal falls
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to a one-month low Monday as soymeal tumbled for a fourth straight session, pressured by long liquidation and easing concerns about a crop shortfall in Argentina, analysts said. Wheat declined in largely technical moves, with traders taking profits after last week’s multimonth highs. Corn followed the weak […] Read more
U.S. grains: Wheat, corn hit multimonth highs
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures climbed to multimonth highs Thursday on a mix of short-covering and worries about the size of the hard red winter wheat crop in top producer Kansas, traders said. Soybeans rose, staging a late-session rally that some traders attributed to optimism about the outcome of U.S. trade talks with […] Read more
USDA to evaluate new release schedule for livestock reports
Reading Time: 2 minutes Chicago | Reuters — The U.S. Department of Agriculture is analyzing information and surveying the livestock sector to determine whether the agency should change the times it releases cattle and hog reports, a top agency official said on Tuesday. USDA is open to changing its schedules in 2019 if the review indicates that is warranted, […] Read more
U.S. grains: Wheat at one-week low on wetter U.S. outlooks
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell on Friday to a one-week low, pressured by forecasts for much-needed rain late next week in the southern Plains winter wheat belt, analysts said. Corn followed wheat lower amid a lack of fresh supportive news, and soybeans turned down, erasing early advances, as nervous traders booked profits […] Read more
U.S. grains: Wheat sags on sluggish export demand
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell more than one per cent on Thursday on reminders of ample world supplies and strong competition for export business, along with some forecasts for much-needed rains next week in the U.S. Plains, analysts said. Soybean futures rose on export demand for U.S. supplies, and corn ended modestly […] Read more
U.S. grains: Wheat ends lower on plentiful world supplies
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell roughly one per cent on Wednesday amid reminders of plentiful global supplies and some outlooks for rain in the Plains wheat belt late next week. Corn declined on technical selling and soybeans turned lower, a day after the spot May contract set a one-month top. Chicago Board […] Read more
U.S. grains: Soybeans climb on USDA data
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures closed higher on Tuesday after the U.S. Department of Agriculture trimmed its forecast of U.S. 2017-18 soybean ending stocks in a monthly report, bucking trade expectations for an increase. Wheat closed modestly higher on technical buying and worries about poor weather in the U.S. Plains wheat belt, while […] Read more
U.S. grains: Wheat soars on U.S. weather woes
Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures surged nearly four per cent on Monday, nearing a one-month high as cold weather threatened to stress U.S. wheat already weakened by drought, traders said. Soybean futures rose on signs of fresh export demand and corn followed the firm trend, with wintry conditions in the Midwest adding to […] Read more
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