Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to a six-week low on Thursday on expectations for a big South American harvest and an expansion in U.S. plantings this spring, analysts said. Corn futures fell on chart-based selling and wheat followed the weak trend. The Chicago Board of Trade March soybean contract settled down 11-1/4 […] Read more
U.S. grains: Soybeans at six-week low on U.S. acreage view
U.S. grains: Soy at three-week low on South America crops
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to a three-week low on Wednesday and posted a fourth straight daily decline on strong South American harvest prospects and a lack of supportive news, analysts said. Corn and wheat futures closed higher as traders awaited direction from a U.S. Department of Agriculture forum this week in […] Read more
U.S. grains: Soybeans hit three-week low
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures closed lower on Tuesday for a third straight session, reversing from early strength to touch a three-week low on expectations for large South American soy harvests, analysts said. Wheat futures fell while corn firmed, supported by export demand and technical buying. Chicago Board of Trade March soybean futures […] Read more
U.S. grains: Wheat, corn post weekly declines after fund-fueled rally
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat and corn futures fell on Friday for a second straight session as traders liquidated long positions ahead of a U.S. holiday weekend, and following a fund-driven rally seen as lacking fundamental drivers, analysts said. Soybeans also extended losses from Thursday, pressured by falling vegetable oil prices in Asia and […] Read more
U.S. grains: Corn, wheat retreat on profit-taking
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat and corn futures declined on Thursday, retreating from early strength on profit-taking after each market set multi-month highs, analysts said. Soybeans also closed lower, reversing from early advances, after the spot March contract fell short of last week’s high. CBOT March corn settled down 5-1/4 cents at $3.73-1/2 per […] Read more
U.S. grains: Soybeans rally on export demand, fund buying
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Wednesday on commodity fund buying at the start of a new month along with fresh export demand, analysts said. Wheat and corn futures followed the firm trend, with corn buoyed by bullish weekly ethanol data. Chicago Board of Trade March soybean futures settled up 12-1/4 cents […] Read more
U.S. grains: Corn, wheat firm on bargain buying, U.S. dollar
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures closed higher on Tuesday on bargain-buying a day after both markets fell to two-week lows, and on a weaker dollar, which tends to make U.S. grains more competitive globally, traders said. Soybeans closed higher, bouncing back from a 2.5 per cent decline a day earlier. But […] Read more
U.S. grains: Soy hits two-week low on long liquidation
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell more than two per cent on Monday, with the front contract hitting a two-week low on long liquidation and improved crop weather for South America, analysts said. Corn and wheat followed the weaker tone. Chicago Board of Trade March soybean futures settled down 26-1/2 cents at $10.22-3/4 […] Read more
U.S. grains: Wheat sets two-week low on supplies, trade jitters
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures touched a two-week low on Friday on plentiful domestic and world supplies and a firmer dollar, which tends to make U.S. grains less competitive, traders said. Corn and soybean futures posted modest declines, with fears of a trade war with Mexico hanging over the grains complex. Chicago Board […] Read more
U.S. grains: Soy, corn fall on crop prospects, trade fears
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures closed lower Thursday on improving South American crop prospects and jitters about U.S. trade relationships, analysts said. Wheat futures rose on better-than-expected weekly U.S. export sales. Chicago Board of Trade soybeans for March delivery settled down 5-3/4 cents at $10.49-1/2 per bushel and March corn ended […] Read more