Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose Friday and corn futures hit a three-week high, following broad strength in commodities at the start of the month and a softer U.S. dollar, analysts said. The 19-market Thomson Reuters CoreCommodity Index rose 0.8 per cent, snapping a four-session slide. Chicago Board of Trade January soybeans settled […] Read more
U.S. grains: Soy, corn follow broad commodities strength higher
U.S. grains: Corn firms on short-covering at month’s end
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose on Thursday as fund-driven short-covering at the end of the month overshadowed disappointing export sales data, analysts said. Wheat futures on the Chicago Board of Trade ended mostly lower, with nearby contracts pressured by heavier-than-expected deliveries against the December contract on first notice day. Soybeans fell, led […] Read more
U.S. livestock: Hogs retreat after trading at three-week high
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell on Wednesday, retreating from a three-week high on technical selling and a U.S. Department of Agriculture (USDA) report showing a jump in average hog weights in Iowa and southern Minnesota, analysts said. Live cattle and feeder cattle futures rose on short-covering and bullish macroeconomic data. Live […] Read more
U.S. grains: Corn up on export demand, technical bounce
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose about one per cent Wednesday on fresh export demand and bargain-buying after the spot December contract dipped to a contract low, traders said. Wheat futures firmed, stabilizing after a series of contract lows in recent days, while soybeans ended fractionally lower after a choppy session. Most-active March […] Read more
U.S. grains: Corn slides on technicals, hefty global stocks
Reading Time: 2 minutes Chicago | Reuters — U.S. December corn futures fell to a life-of-contract low on Tuesday on technical selling and ample global supplies, traders said. Soybeans also fell as slightly wetter forecasts for crop areas of Argentina eased near-term concerns about dryness. But wheat closed higher on bargain-buying after most months sank to contract lows. Chicago […] Read more
U.S. grains: Wheat falls to contract lows on export data
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures fell to life-of-contract lows on Friday, pressured by disappointing weekly export sales data and ample global supplies, analysts said. Corn and soybeans futures followed wheat lower, bucking support from strength in crude oil and a weaker dollar, which tends to make U.S. grains more competitive […] Read more
U.S. grains: Soy nears US$10 a bushel ahead of holiday
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures approached a two-week high near US$10 a bushel Wednesday on technical buying ahead of the U.S. Thanksgiving holiday, analysts said. Additional support stemmed from worries that the La Nina weather phenomenon, expected to emerge next month, could stress soy and corn crops in South America. The La Nina […] Read more
U.S. grains: Wheat up as crop ratings, Russia news spur short-covering
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures rose on Tuesday as a decline in U.S. crop ratings and news of radioactive pollution in the Ural mountains triggered a round of short-covering and concern about wheat exports from Russia, the world’s top supplier. Corn and soybean futures closed little changed after a choppy session. Chicago Board […] Read more
U.S. grains: Corn up nearly 2 pct on short-covering; soy, wheat climb
Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures rose about 2 percent on Friday on fund-driven short-covering and talk of increased export demand, while soybeans hit a one-week high as worries about stressful crop weather in Argentina lifted soymeal futures, analysts said. Wheat followed the firm trend, which extended broadly across the commodities sector. The 19-market […] Read more
U.S. grains: Soybeans climb on seasonal strength, bullish soyoil data
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures firmed on Wednesday on seasonal strength as the Midwest harvest wound down and a jump in soyoil tied to an unexpected monthly drawdown in domestic supplies, traders said. Chicago Board of Trade wheat futures fell nearly two per cent, nearing contract lows, in a technical sell-off. Corn futures […] Read more
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