Reading Time: < 1 minute Chicago | Reuters — Chicago Board of Trade (CBOT) corn and soybean futures fell sharply on Tuesday on concerns that commodity purchases from China will slow as that country’s economy softens, traders said. Wheat futures edged higher despite worries about the viability of U.S. exports as investment funds covered short positions following a decline to […] Read more
U.S. grains: Corn, soy futures drop on Chinese manufacturing woes
U.S. grains: Corn, soybeans, wheat post monthly loss
Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade soybean futures edged higher on Monday on a round of end-of-month short covering while wheat was mixed and corn settled close to unchanged, traders said. Corn, soybeans and wheat posted monthly losses during August, the second straight month of declines for all three commodities. Expectations that a […] Read more
USDA sees bumper corn, soy crops despite floods
Reading Time: 2 minutes Washington | Reuters –– U.S. corn and soybean harvests were pegged above expectations this year as strong yields in areas west of the Mississippi River will make up for problems caused by excessive rains in eastern production states, the government said Wednesday. The U.S. Department of Agriculture forecast the 2015-16 soybean harvest at 3.916 billion […] Read more
U.S. grains: Soybean, corn futures fall; wheat mixed
Reading Time: 2 minutes Chicago/Reuters – Chicago Board of Trade soybean futures fell on Friday, pressured by profit-taking and the cancellation of an export deal with China, traders said. Wheat futures were mixed, with CBOT soft red winter wheat and K.C. hard red winter wheat edging higher on some end-of-month short-covering. MGEX wheat fell on forecasts for a bumper crop […] Read more
U.S. grains: Soybeans rise on strong exports, corn firm, wheat weak
Reading Time: 2 minutes Chicago/Reuters – U.S. soybean futures rose on Thursday as signs of growing export demand threatened to cut into an already thin supply base, traders said. Corn futures also firmed, with bargain hunters and technical buyers stepping into the market after prices fell to a five-week low. Wheat closed mostly lower, pressured by plentiful supplies and […] Read more
U.S. grains: Improving weather sparks sell-off in corn, soybeans, wheat
Reading Time: 2 minutes Chicago/Reuters – Chicago Board of Trade corn and soybean futures plunged to their lowest in more than a month on Monday as improving weather for crop development across the U.S. Midwest sparked a round of long liquidation by speculators, traders said. Wheat futures also fell, weighed down by the declines in corn and pressure from […] Read more
U.S. grains: U.S. soy falls on improving crop prospects; corn, wheat firm
Reading Time: 1 minute Chicago/Reuters – U.S. soybean futures fell on Thursday as improving weather in major Midwest growing areas increased expectations of ample production, traders said. Wheat futures firmed on a round of bargain buying and technical support, snapping a seven session losing streak for the front-month contract. Corn also edged higher, with the gains in wheat sparking […] Read more
U.S. grains: Improving weather view pressures U.S. corn, soy, wheat
Reading Time: 2 minutes Chicago/Reuters – U.S. corn futures fell on Wednesday, pressured by good weather for crop development across the U.S. Midwest, traders said. The benign conditions also weighed on wheat, which eased as the pace of harvest in eastern growing areas increased. Soybean futures were mixed. The nearby contract firmed on support from strength in the cash […] Read more
U.S. grains: Soybeans rally on bargain buying, corn firms, wheat weak
Reading Time: 2 minutes Chicago / Reuters – Chicago Board of Trade soybean futures rose 1.1 percent on Tuesday, snapping a streak of five straight declines on a round of bargain buying after prices fell to their lowest levels since late June, traders said. Corn also rose, but gains were muted by declines in the wheat market as well […] Read more
U.S. grains: Dollar strength, harvest pressure “smokes” wheat; corn, soy weak
Reading Time: 2 minutes Chicago / Reuters – Chicago Board of Trade wheat futures sank 3.4 percent on Monday to their lowest in more than three weeks, the fifth straight losing session, on pressure from dollar strength and a pick-up in the pace of harvest, traders said. Soybean and corn futures also fell, weighed down by improving weather for […] Read more