Reading Time: 2 minutes Chicago | Reuters — U.S. wheat and corn futures fell on Wednesday, pressured by plentiful world feedgrain supplies and profit-taking following light rallies a day earlier, traders said. Soybean futures ended modestly higher after a choppy session, supported by fresh export demand for U.S. soy and worries about South American crop weather. Chicago Board of […] Read more
U.S. grains: Wheat, corn sag on ample supplies
U.S. grains: Wheat ends week down 3.6 per cent
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures firmed on Friday on bargain-buying a day after falling to multi-month lows, but both grains posted weekly declines reflecting swelling global supplies. Soybeans ended modestly lower after a choppy session. Chicago Board of Trade March wheat settled up 8-3/4 cents at $4.04-1/4 per bushel and March […] Read more
U.S. grains: Wheat falls on Southern Hemisphere harvest
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell on Thursday for a sixth straight session, pressured by the expanding harvest of crops in the Southern Hemisphere that should add to plentiful global grain stockpiles, analysts said. Corn futures fell on disappointing weekly U.S. export data and soybeans posted modest declines. The most-active March wheat contract […] Read more
U.S. grains: Exports support soybeans after U.S. holiday
Reading Time: 2 minutes Reuters — Chicago Board of Trade soybean futures rose on Friday to a new four-month high as stronger-than-expected weekly exports and an easing dollar provided support as trading resumed after a holiday closure. Soybeans remained firm despite a decline in soyoil futures, which gave back some of the huge gains from Wednesday when vegetable oils […] Read more
U.S. grains: Soyoil jumps on new U.S. biofuel targets
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soyoil futures surged nearly seven per cent on Wednesday after the U.S. government released final requirements for biofuel use for next year, analysts said. The strength in soyoil lifted soybeans, but CBOT wheat closed lower and corn was narrowly mixed, pressured by a stronger U.S. dollar and […] Read more
U.S. grains: Soybeans climb to four-month high
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures hit a four-month high on Tuesday on strength in Chinese soy markets and technical buying, analysts said. Corn inched higher while wheat closed mixed ahead of the U.S. Thanksgiving holiday on Thursday. Chicago Board of Trade soybeans for January delivery settled up 9-3/4 cents at […] Read more
U.S. grains: Soy climbs on Asian oilseed strength, export data
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed more than two per cent on Monday and set a three-week high, led by strength in Asian oilseed markets and stronger-than-expected weekly export data, analysts said. Corn and wheat futures were also higher but trailed the advances in soybeans. Chicago Board of Trade January soybeans settled up […] Read more
U.S. grains: Wheat climbs on short-covering ahead of weekend
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose about one per cent on Friday as dry weather and expectations of a drop in U.S. wheat plantings prompted short-covering ahead of the weekend, analysts said. Corn and soybeans also firmed in largely technical moves. Chicago Board of Trade December wheat settled up five cents at $4.08 […] Read more
U.S. grains: Wheat climbs on acreage view, short-covering
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose about 1.5 per cent on Thursday as expectations for a drop in U.S. wheat plantings for 2017 and strong weekly export sales prompted short-covering, traders said. Corn and soybeans closed modestly higher on technical buying and strong weekly export sales. Chicago Board of Trade December wheat settled […] Read more
U.S. grains: Soybeans retreat as traders eye rising stockpiles
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Wednesday as traders turned their attention to rising inventories from a record-large harvest and mostly favourable crop weather in South America, analysts said. Corn and wheat futures drifted lower, with this week’s surge in the dollar adding pressure. A firmer dollar tends to make U.S. goods […] Read more
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