Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade soybeans and wheat firmed slightly on Wednesday as bargain hunters stepped into the market to provide a boost to commodities that were trending near four-year lows, traders said. Corn futures sagged as a likely record U.S. harvest in the coming weeks will flood the countryside with supplies. […] Read more
U.S. grains: Soybeans, wheat firm on bargain buying; corn slips
U.S. grains: Wheat, soybeans close lower; corn firms
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and wheat futures fell Tuesday, with soy pressured by technical selling and forecasts for good harvest weather, while U.S. wheat supplies struggled to find traction on the export market despite trading at four-year lows. Corn firmed, with traders noting a round of bargain buying that pushed prices into positive […] Read more
U.S. grains: Soy, corn futures rise; wheat dips on supply glut
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures firmed on Monday on a bargain-buying rebound after hitting their lowest in more than four years, but gains were kept in check by expectations of a record U.S. harvest this fall, traders said. Corn futures also were higher, with short-covering and technical buying featured as prices hovered near […] Read more
U.S. grains: Corn, soy, wheat bounce on bargain buying, weather concerns
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn, soybean and wheat futures rose on Friday, rebounding from losses earlier in the week that pushed prices to contract lows on a round of bargain buying and short-covering, traders said. “We have been beaten up ever since we came back from Labour Day weekend,” said Dewey […] Read more
U.S. grains: Rain forecast weighs on corn, soy, wheat futures
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and soybeans closed lower on Friday, flirting with contract lows on forecasts for rain that boosted confidence of bumper harvests for both crops this fall. The weather outlook, which called for rains across broad stretches of U.S. growing areas, also weighed on wheat futures as farmers prepared for seeding […] Read more
U.S. grains: Wheat rallies on rising concerns about Black Sea exporters
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose 1.7 per cent to a three-week high on Thursday, supported by concerns that escalating tensions between Ukraine and Russia would curtail shipments from those two key grain exporters, traders said. “The grains were reasonably stable overnight, until it was reported this morning that Russian troops were launching […] Read more
U.S. grains: Wheat closes lower, ending rally
Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures fell from a 5-1/2-week high on Thursday on a round of profit-taking following a six-session rally that had pushed prices up 9.2 per cent, traders said. “We came pretty far, pretty fast off our lows,” said Chris Robinson, senior trader at Top Third Ag Marketing. “It is not […] Read more
U.S. grains: Corn, soybean futures fall on rain, harvest outlooks
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Tuesday as expectations for a bumper U.S. harvest rose on overnight rains across a broad stretch of the Midwest and a government report showing the crop in better shape than expected, traders said. The storms, which eased lingering concerns about dry weather during the past few […] Read more
GRAINS: Soybeans, wheat firm on strong exports; corn weakens on weather
Reading Time: 2 minutes U.S. soybean futures rose on Thursday on signs that demand will keep domestic supplies tight until harvest, while corn weakened due to forecasts for more crop-boosting rain in the U.S. Midwest, traders said. “The beans firmed up due to some speculators taking advantage of the weakness earlier in light of the very strong demand we […] Read more
GRAINS – U.S. wheat rises on bargain buying bounce; soybeans fall
Reading Time: 2 minutes CHICAGO, July 30 (Reuters) – U.S. wheat futures rose 1.4 per cent on Wednesday, rebounding from contract lows hit on Tuesday on a round of bargain buying and signs of overseas demand, traders said. Corn futures firmed slightly, with bargain hunting and short covering providing a base of support following a 1.7 per cent decline on Tuesday. Soybeans dropped, led […] Read more