Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell on Thursday to their lowest in nearly two weeks, turning lower after a weather forecast predicted that temperatures in the U.S. Plains will not be as cold as previously thought, traders said. Soybeans closed firmer, supported by weakness in the dollar that investors hoped would spur export […] Read more
U.S. grains: Wheat falls as weather improves
U.S. grains: Wheat falls on poor exports
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures fell for the second straight day on Wednesday on pressure from light export demand and some easing concerns about weather damage to the developing U.S. crop, traders said. Corn futures eased on some mild technical sales while soybeans closed in positive territory, turning higher late […] Read more
U.S. grains: Soy, wheat fall after hitting multi-week peaks
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Tuesday, setting back from their highest since Dec. 7 on dry weather in South America that will allow farmers to accelerate the harvest of what is expected to be a huge crop, traders said. Wheat futures also closed lower, with traders reporting mild profit taking following […] Read more
U.S. grains: Weather woes support wheat
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose to a three-week high on Monday, their eighth day of gains over nine sessions, supported by a round of short covering, traders said. Chicago Board of Trade soft red winter wheat futures hit their highest since Feb. 4 on concerns that dry weather in the U.S. Plains […] Read more
U.S. grains: Soy, wheat extend winning streak
Reading Time: 2 minutes Washington | Reuters — U.S. soybean and wheat futures rose on Wednesday, the sixth straight higher close for both commodities, as technical buying and short-covering pulled prices higher after they drifted into negative territory, traders said. Corn futures closed mostly lower, weighed down by an ample supply base and some technical sales after the benchmark […] Read more
U.S. grains: Short-covering supports corn, soy, wheat
Reading Time: 2 minutes Chicago | Reuters — U.S. corn, soybean and wheat futures rose for the fourth day in a row on Monday, supported by a round of short-covering after regulatory data released on Friday afternoon showed that speculators had built the biggest net short on record in all three commodities. But prices closed well off their session […] Read more
U.S. grains: Wheat drops to lowest since 2010
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures sank 1.4 per cent on Tuesday to their lowest in nearly six years, weighed down by huge global supplies and spillover weakness from falling crude oil, traders said. The amply stocked supply chain also weighed on corn and soybean futures as the start of the […] Read more
U.S. grains: Strong exports support corn, soybeans
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose to their highest in nearly three weeks on Monday, supported by technical buying and signs of stronger-than-expected export demand, traders said. Overseas interest for U.S. supplies also supported corn futures, which rose to their highest since Feb. 5, while wheat weakened due to a firm dollar and […] Read more
U.S. grains: Exports spark gains in soybeans
Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures rose 1.3 per cent on Thursday as the U.S. Agriculture Department’s report of stronger-than-expected exports spurred a round of short-covering, traders said. Corn futures were steady to weak, with the front-month contract settling unchanged while deferred contracts posted modest declines. Corn had fallen for six days in a […] Read more
U.S. grains: Wheat rises on bargain buying
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures firmed Wednesday, edging higher on a round of bargain buying and short-covering a day after prices hit their lowest in nearly six years, traders said. Corn and soybean futures were close to unchanged for most of the day but closed in negative territory. A bearish […] Read more