Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures jumped nearly four per cent on Thursday and soybeans surged more than two per cent after the U.S. Department of Agriculture stunned traders by projecting a year-on-year decline in soybean plantings and a larger-than-expected drop in corn acres. Chicago Board of Trade wheat futures followed the firm trend, […] Read more
U.S. grains: Corn, soy soar on bullish USDA plantings forecast
U.S. grains: Wheat hits two-month low
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures dipped to two-month lows on Wednesday as improving weather for developing crops in the drought-hit southern Plains put the focus back on ample world supplies, traders said. Corn and soybean futures closed lower after a choppy session as traders squared positions a day ahead of key U.S. planting […] Read more
U.S. grains: Wheat down on better weather, positioning ahead of USDA
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures declined on Tuesday as rains in the Southern Plains breadbasket boosted prospects for the region’s drought-hit winter wheat crop, analysts said. Soybean futures fell while corn closed flat in light volume ahead of key data due this week from the U.S. Department of Agriculture (USDA). The government was […] Read more
U.S. grains: Soybeans end lower in volatile session
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures closed mostly lower on Friday after a wild session that saw the May soybean contract tumble to its lowest in over a month on worries about trade tensions, only to pare losses and briefly turn higher in late moves as soymeal soared. Corn closed modestly higher after notching […] Read more
U.S. grains: Wheat rebounds after weather-driven selloff
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures firmed Thursday on bargain-buying a day after forecasts for much-needed moisture pressed the Kansas City May hard red winter wheat contract to a seven-week low, traders said. Corn futures closed modestly higher while soybeans ended mostly steady. Chicago Board of Trade May wheat futures settled up 2-1/4 cents […] Read more
U.S. grains: Wetter forecasts pressure K.C. wheat
Reading Time: 2 minutes Chicago | Reuters — U.S. hard red winter wheat futures fell to near two-month lows on Wednesday on forecasts of another round of beneficial showers next week in the southern Plains that could boost crop prospects, analysts said. Chicago Board of Trade soft red winter wheat rallied late in the session to end higher, while […] Read more
U.S. grains: Wheat prices bounce after steep losses
Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade wheat futures rose on Tuesday in a light recovery bounce after falling to a seven-week low, but trade was cautious after weekend rains on the parched U.S. Plains offered respite for the winter wheat crop. Soybeans firmed on bargain-buying after Monday’s losses while corn edged lower after […] Read more
U.S. grains: Wheat tumbles as rains cross drought-hit Plains
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures slid to six-week lows on Monday as much-needed rain and snow fell in dry areas of the southern Plains, pushing most-active K.C. hard red winter wheat futures down more than five per cent, traders said. Corn and soybean futures sagged on fund-driven long liquidation and as weekend rains […] Read more
U.S. livestock: CME live cattle end lower
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Friday on technical selling and expectations of a seasonal uptick in beef supplies as the pace of cattle slaughter increases, analysts said. “(There is) a little concern that we might have posted the smallest supply of the year, and now we are facing […] Read more
U.S. livestock: Live cattle climb on technical buying
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher Tuesday on technical buying, halting a four-session slide that drove the benchmark April contract to a two-week low a day earlier. But the contract closed well off its session high, paring gains as cattle traders reacted to a firmer U.S. dollar and declines […] Read more
A message from April Stewart, Country Guide's Associate Editor
