Reading Time: 2 minutes U.S. corn futures hit a fresh three-year low on Monday, their fourth straight day of declines, as expectations for a record crop in the United States continued to build, traders said. Wheat also dropped, under pressure from technical selling as well as spillover weakness from corn. Soybeans were mixed, with the nearby contract dropping on […] Read more
U.S. grains: Corn futures fall on big crop expectations
GRAINS-U.S. grains fall on big corn harvest
Reading Time: 2 minutes U.S. corn futures sagged for the third time in four days on Wednesday, weighed down by the ongoing harvest of what is expected to be a record crop in the United States, traders said. The weakness in corn, which was hovering near a three-year low, weighed on the wheat market. “These yield numbers continue to […] Read more
Harvest pressure weighs on U.S. corn, soy prices
Reading Time: 2 minutes Chicago Board of Trade corn futures fell 1.1 per cent to their lowest in more than three years as harvest of the U.S. crop ramped up across broad stretches of the Midwest, traders said. Soybean futures also fell, pressured by a combination of harvest pressure and technical selling. Wheat rose, posting a one per cent […] Read more
U.S. corn, wheat fall; soybeans firm on short-covering
Reading Time: 2 minutes Chicago Board of Trade corn futures fell to a nearly three-year low on Thursday, pressured by talk that the U.S. government will cut its requirement for ethanol usage, traders said. U.S. wheat futures also fell as Egypt, the world’s top buyer of the commodity, canceled a tender for supplies. Soybeans edged higher on a mild […] Read more
U.S. corn futures firm on exports to China; wheat, soy drop
Reading Time: 2 minutes U.S. corn futures rose on Wednesday in reaction to firm export demand and to traders exiting bearish bets as the feed grain traded near three-year lows, traders said. Wheat and soybean futures closed lower with soybeans under pressure from the ongoing U.S. harvest. A mild round of profit-taking weighed on wheat prices, which held near […] Read more
U.S. corn, soy fall as better-than-expected harvest rolls on
Reading Time: 3 minutes Chicago Board of Trade corn and soybean futures fell on Tuesday, pressured by reports of better-than-expected yields from the ongoing harvest in the U.S. Midwest. U.S. wheat futures were mixed, with the market receiving fundamental support on concerns about acreage cuts in Black Sea countries due to muddy conditions in the fields. Corn was the […] Read more
U.S. wheat rises, pulls corn and soybeans higher
Reading Time: 2 minutes U.S. wheat futures rose on Monday as expectations of production declines in Russia and Ukraine put a premium on high-protein supplies, traders said. Corn futures also firmed, following the strength in wheat, while soybeans were close to unchanged. Wheat’s gains put it close to a 3-1/2 month high, resuming a bullish trend that began in […] Read more
U.S. wheat extends rally on robust export demand
Reading Time: 2 minutes U.S. wheat futures rose for the fourth day in a row on Thursday on expectations of strong world demand due to crop woes in key production areas around the globe, traders said. Corn was pulled higher by the strength in wheat, which hit its highest in more than two months, as well as a round […] Read more
CBOT wheat up 1.7 per cent; corn, soybeans follow
Reading Time: 2 minutes U.S. wheat futures rallied on Wednesday to their highest levels in more than two months on hopes that U.S. supplies will gain traction in the competition to fill overseas demand, traders said. The strength in wheat, which has risen for 10 of the last 12 trading sessions, spilled over into the corn and soybean market. […] Read more
Chicago soybeans, wheat rise but corn closes lower
Reading Time: 2 minutes U.S. soybean futures rose on Tuesday, buoyed by technical buying and worries that recent rainfall in the U.S. Midwest may have arrived too late to provide much benefit to the crop, traders said. Wheat futures also closed firm, turning higher late in the trading day on concerns that freezing temperatures may harm the crop in […] Read more