Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat fell as much as two per cent on Thursday, capping its second straight monthly decline on pressure from improving crop conditions in the southern U.S. Plains and disappointing weekly export sales. Corn and soybeans also were lower at the Chicago Board of Trade, weighed down by favourable weather for […] Read more
U.S. grains: Wheat slumps on record-large export cancellations
U.S. grains: Corn, wheat rebound on technicals, dollar declines
Reading Time: 2 minutes Chicago | Reuters — U.S. grains jumped as much as one per cent on Wednesday, with corn rebounding from a six-month low and wheat from a nearly five-year low on support from short covering and a weaker U.S. dollar. Soybeans also gained at the Chicago Board of Trade, buoyed by a strike of boat captains […] Read more
U.S. grains: Wheat higher on short-covering after nearly five-year low
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures were narrowly higher on Tuesday, rising in a short-covering bounce after tumbling to their lowest levels since June of 2010 earlier in the session. Bargain buying, coupled with a weaker dollar, offset pressure from stable U.S. crop conditions and recent rains in dry portions of the southern Plains. […] Read more
U.S. grains: Corn, wheat fall to six-month lows on weather
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and wheat futures fell on Monday to their lowest levels since October, on outlooks for speedy corn plantings in the U.S. Midwest and crop-friendly rains in the southern Plains wheat belt. Chicago Board of Trade (CBOT) corn futures extended declines to their sixth straight session amid forecasts for dry […] Read more
U.S. grains: Wheat rebounds ahead of USDA reports
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat climbed as much as two per cent in a bargain-buying bounce on Friday, rebounding after three sessions of steep declines that dragged futures into technically oversold territory. Soybean and corn futures each were lower at the Chicago Board of Trade (CBOT) with investors in all three trading pits squaring […] Read more
U.S. grains: Wheat down most in nearly two years on dollar rebound
Reading Time: 2 minutes Chicago | Reuters –– U.S. grain and soybean futures reversed early gains to turn lower on Thursday on pressure from a higher dollar, with wheat’s three-session decline of more than six per cent the biggest such slide in nearly two years. The U.S. dollar, which rose in a rebound from a three-week low, makes goods […] Read more
U.S. grains: Wheat drops on forecast, corn hits three-week high
Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat fell for the third straight session on Wednesday, pressured by technical selling and forecasts for rains needed in the parched southern U.S. Plains growing region. But prices trimmed their losses while corn edged higher and soybeans lower in a choppy session at the Chicago Board of Trade (CBOT). The […] Read more
U.S. grains: Wheat tumbles after rally as rain monitored
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat tumbled as much as two per cent on Tuesday as investors took profits after the previous session’s five-week high and extended weather outlooks showed the possibility of crop-friendly rains in the U.S. and Russia. Soybean futures also were lower at the Chicago Board of Trade, pressured by record South […] Read more
U.S. grains: Soy, corn, wheat rise on weak dollar, short-covering
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean, corn and wheat futures climbed one per cent or more on Monday, extending gains from late last week as the dollar weakened and investors covered short positions. Dry weather in Russia and the southern U.S. Plains’ growing areas also underpinned wheat prices while corn futures climbed above several key […] Read more
U.S. grains: Soybeans fall to one-week low on Brazil strike pause, harvest
Reading Time: 2 minutes Chicago | Reuters — U.S. soybeans fell to a one-week low on Tuesday in a technical selloff sparked by a weakening truckers strike in Brazil and the advancing harvest of what’s expected to be Brazil’s biggest soy crop ever. Soybean futures trimmed their losses late in the session while corn and wheat each reversed earlier […] Read more
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