Reading Time: 2 minutes Chicago | Reuters — Chicago corn futures fell 1.7 per cent on Tuesday, the biggest drop for a most-active contract in nearly a month, after the U.S. Department of Agriculture raised its 2017 corn yield forecast, bucking most trade expectations for a reduction. Soybean futures fell after the USDA surprised analysts by hiking its U.S. […] Read more
U.S. grains: Corn falls after USDA raises yield estimate
U.S. grains: Wheat lower on hefty global stocks
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures dipped to a one-week low on Monday as swelling harvest supplies in the Black Sea export region hung over a subdued market a day ahead of closely watched U.S. government crop forecasts. Soybean futures also declined, while corn edged higher in choppy trade. Chicago Board of Trade December […] Read more
U.S. grains: Corn hits two-week high
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures hit a two-week high on Wednesday on a mix of short-covering and worries about the pace of U.S. crop maturity, traders said. Soybeans and wheat futures also posted modest advances. Chicago Board of Trade December corn futures settled up 2-1/2 cents at $3.61 per bushel after reaching $3.62, […] Read more
U.S. grains: Soy rises on technicals, dry forecast
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures hit a 3-1/2-week high on Tuesday on technical buying and forecasts for dry weather in the Midwest that could threaten late-season yield prospects, analysts said. Corn and wheat futures followed the higher trend. Chicago Board of Trade November soybean futures settled up 19 cents at $9.68-1/2 per bushel […] Read more
U.S. grains: Corn lower as yield forecasts rise
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell on Friday on rising expectations of plentiful supplies from what should be a bumper Midwest harvest beginning later this month, analysts said. Soybean futures firmed, led by strength in soyoil, and wheat rose on technical buying ahead of a three-day U.S. holiday weekend. Markets will be closed […] Read more
U.S. grains: Corn jumps, joining broad commodities rally
Reading Time: 2 minutes Chicago | Reuters — U.S. corn prices rose about 3.5 per cent on Thursday, snapping a four-session slide as grain traders joined a broad rally in commodities on the last day of the month. Soybeans and wheat followed the firm trend. Chicago Board of Trade December corn futures settled up 12-1/4 cents at $3.57-3/4 per […] Read more
U.S. grains: Corn, soy futures flat
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to contract lows on Thursday on fund-driven selling tied to plentiful global supplies and expectations of a large Midwest harvest, analysts said. Soybeans followed the weak trend while wheat ended steady to lower. Chicago Board of Trade December corn settled down 3-1/4 cents at $3.45-1/2 per bushel […] Read more
Whole Foods slashes prices on some produce
Reading Time: 3 minutes Los Angeles/Chicago | Reuters — On its first day as part of Amazon.com, organic grocery chain Whole Foods Market slashed prices on popular items like avocados and apples on Monday by a third as it bid to shake off its “Whole Paycheque” reputation for high prices. In another sign of changes to come, a display […] Read more
U.S. grains: Corn falls to 2017 lows on plentiful global stocks
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures sank to their lowest levels of the year on Wednesday on fund-driven technical selling and plentiful global grain supplies, analysts said. Chicago Board of Trade wheat futures rose on bargain-buying after front months fell to contract lows, while soybean futures firmed modestly. CBOT December corn settled down 4-1/4 […] Read more
U.S. grains: Corn, soybeans, wheat futures dive after USDA report
Reading Time: 2 minutes Chicago/Reuters – U.S. soybean and corn futures tumbled nearly 4 percent on Thursday after the U.S. Department of Agriculture’s yield and production forecasts for both crops came in above trade expectations. Wheat futures also fell on a larger-than-expected crop forecast for U.S. spring wheat despite drought in the northern Plains crop belt. As of 12:52 […] Read more
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