Reading Time: 2 minutes Chicago | Reuters — U.S. wheat prices climbed on Tuesday in a light rebound from multi-month lows set on Monday, although forecasts for much-needed rains in the Plains wheat belt kept a lid on gains, analysts said. Corn firmed and soybeans edged higher after a choppy session as traders adjusted positions ahead of a pair […] Read more
U.S. grains: Wheat rebounds after 2-1/2-month lows
U.S. grains: Corn climbs on export demand, technical rebound
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures on Thursday climbed on better-than-expected weekly export sales data and bargain buying after the May contract hit a two-month low this week, analysts said. Soybeans also rebounded after lows set this week, while wheat finished flat. Chicago Board of Trade May corn settled up 2-1/2 cents at $3.66 […] Read more
U.S. grains: Soy drops below $10 on rising supplies
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures declined on Tuesday for a seventh straight session, dropping below US$10 a bushel as hefty South American harvests threatened U.S. soy export prospects, traders said. Corn firmed, snapping a six-session slide on news of U.S. corn sales to China, while wheat was little changed after […] Read more
U.S. grains: Wheat falls on rain prospects for Plains
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell more than two per cent on Monday on improving weather forecasts for the southern Plains winter wheat belt, analysts said. Corn followed wheat down and nearby soybean futures closed fractionally lower after a choppy session. Chicago Board of Trade May wheat settled down 10 cents at $4.30-1/2 […] Read more
U.S. grains: Soybeans extend slide on Brazil crop outlook
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures fell to a two-month low on Friday as the ongoing harvest of a projected record-large Brazilian soy crop threatened U.S. export prospects, traders said. Corn and wheat followed the weak trend, despite a setback in the U.S. dollar. CBOT May soybean futures settled down 4-1/2 […] Read more
U.S. grains: Soybeans hit two-month low on huge Brazil crop
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures hit a two-month low on Thursday, pressured by rising government forecasts for a record-large Brazilian soy harvest, traders said. Corn futures also declined on forecasts for big South American crops, and wheat followed the weak trend. The Chicago Board of Trade May soybean futures contract settled down 10-3/4 […] Read more
U.S. grains: Soybeans sag on profit-taking, Brazilian crop
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Thursday, pressured by the ongoing harvest of a projected record-large crop in Brazil and profit-taking after a two-session climb attributed to fund buying, traders said. Corn futures and wheat futures closed lower, tracking broad declines in commodities. The 19-market Thomson Reuters CoreCommodity CRB Index fell nearly […] Read more
U.S. grains: Wheat ends up three per cent
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures climbed about three per cent on Wednesday on a mix of technical buying and enthusiasm over a larger-than-expected wheat purchase by top global importer Egypt a day earlier, traders said. Corn and soybeans also rose, supported by fund investment at the start of a new month and carry-over […] Read more
U.S. grains: Corn, soyoil climb on biofuels news
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures rose on Tuesday and soyoil futures climbed about four per cent on prospects for changes to the U.S. renewable fuels policy that could boost demand for corn-based ethanol and soy biodiesel, traders said. Both markets pared gains following a White House statement that no executive order was in […] Read more
U.S. grains: Wheat, corn hit two-week lows on long liquidation
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell to a two-week low on Friday and corn hit a 2-1/2-week low on technical selling including fund long liquidation, analysts said. Soybeans closed modestly higher, bouncing after the spot March contract hit a six-week low. Chicago Board of Trade March wheat settled down 6-3/4 cents at $4.31-1/4 […] Read more
A message from April Stewart, Country Guide's Associate Editor
