Reading Time: 2 minutes Chicago | Reuters — Front-month U.S. soybean futures rose more than one per cent on Monday, hitting a three-week high on export demand and renewed strength in global vegetable oil markets, analysts said. Wheat futures firmed on fund short covering while corn closed nearly unchanged. At the Chicago Board of Trade, benchmark November soybean futures […] Read more
U.S. grains: Soybeans climb one per cent, led by veg oils
U.S. grains: Soybeans climb, led by soyoil
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Friday, led by a surge in soyoil tied to firm domestic cash values and rising global vegetable oil prices, traders said. Wheat and corn climbed about one per cent on fund-driven short-covering and renewed international demand for wheat. At the Chicago Board of Trade, November soybeans […] Read more
U.S. grains: Wheat futures soar on short-covering
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures jumped about five per cent on Thursday as a flurry of export deals prompted funds to cover short positions, analysts said. Corn futures rose on short-covering and firm cash markets despite the ongoing U.S. harvest, while soybeans followed the higher trend. At the Chicago Board of Trade, December […] Read more
Germany’s top court hears CETA challenge
Reading Time: 2 minutes Karlsruhe, Germany | Reuters — Germany’s Constitutional Court on Wednesday began hearing a legal challenge to a planned EU-Canada free trade deal that could paralyze the accord. Three German activist groups handed in 125,000 signatures to the court in August in opposition to the Comprehensive Economic and Trade Agreement (CETA), which they fear will undermine […] Read more
U.S. grains: Corn, soy, wheat fall after USDA report
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures fell more than two per cent on Wednesday, the most in a month, while soybean and wheat futures also declined on expectations for record-large U.S. harvests and huge grain inventories. At the CBOT, December corn settled down 8-1/2 cents at $3.37 per bushel. November soybeans […] Read more
U.S. grains: Corn, wheat futures firm ahead of USDA report
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures firmed on Tuesday as traders adjusted positions ahead of a monthly U.S. government crop report, traders said. Soybeans settled nearly flat, paring early advances. But all three markets were able to withstand pressure from weaker energy markets and a stronger dollar, which tends to make U.S. […] Read more
U.S. grains: Wheat jumps on short-covering
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose more than two per cent on Wednesday as signs of fresh export demand triggered a short-covering rally in a market where commodity funds hold a large net short position, traders said. Corn futures ended lower after a choppy session while soybeans fell, pressured by the expanding harvest […] Read more
U.S. grains: Rainy Midwest sparks rally in corn, soybeans
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose 1.9 per cent on Friday as worries about rains delaying the Midwest harvest prompted traders to cover short positions ahead of the weekend, analysts said. Soybeans and wheat followed corn higher. Chicago Board of Trade December corn futures settled up seven cents at $3.37 per bushel (all […] Read more
U.S. grains: Soy up on rebound after three-day slide
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Thursday, snapping a three-day slide on bargain buying and signs of fresh export demand, traders said. But corn and wheat futures fell, pressured by prospects for huge grain supplies as the U.S. autumn harvest got underway. At the Chicago Board of Trade, November soybeans settled up […] Read more
U.S. grains: Soy ends firm, rebounding from last week’s multi-month lows
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Tuesday on reminders of fresh export demand, extending a modest rebound from multi-month lows set last week, traders said. Wheat futures drifted lower after a long U.S. holiday weekend while corn ended steady to slightly higher, with the benchmark December corn contract settling unchanged. At the […] Read more
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