Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell more than three per cent on Monday, their largest daily decline since June, after a record supply outlook from the U.S. Department of Agriculture triggered investment fund liquidation. Chicago Board of Trade wheat futures also were lower on pressure from larger-than-expected global supply forecasts while corn reversed […] Read more
U.S. grains: Soybeans fall most since June on big global supplies
U.S. grains: Soybeans fall in profit-taking despite smaller USDA stocks outlook
Reading Time: 2 minutes Chicago | Reuters –– U.S. soybeans fell more than one per cent on Wednesday, reversing a one-month high in a profit-taking sell-off following a U.S. Department of Agriculture report that showed smaller-than-expected ending stocks of beans. Corn and wheat futures also eased at the Chicago Board of Trade, with corn hitting session lows in the […] Read more
U.S. grains: Soy rallies on short-covering, China rate cut
Reading Time: 2 minutes Chicago | Reuters — U.S. soybeans rallied 1.8 per cent on Friday, pushing prices into positive territory for the week as investors covered short positions and top soy importer China unexpectedly cut interest rates. Corn futures edged lower and wheat mostly higher at the Chicago Board of Trade in a choppy and volatile session amid […] Read more
U.S. grains: Corn, soy rebound from two-week lows on exports
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and soybean futures jumped as much as two per cent on Thursday, rebounding from two-week lows reached in the previous session, in a rally tied to technical buying and renewed export demand for the crops. Chicago Board of Trade corn rose for the first time in five sessions, while […] Read more
U.S. grains: Corn, soybeans hit two-week lows on huge U.S. crops
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybeans tumbled to two-week lows on Wednesday, extending steep declines from the previous session as record harvests neared completion and investors took profits after recent multimonth highs. Wheat fell to a one-week low at the Chicago Board of Trade on pressure from technical selling and weak export demand. […] Read more
U.S. grains: Corn slides as record harvest nearly complete
Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures fell on Tuesday, with corn tumbling 1.5 per cent to cap off its biggest three-day slump in nearly two months as investors took profits and record-large corn and soybean harvests neared completion. Chicago Board of Trade corn futures slid for the third straight session while wheat […] Read more
U.S. grains: Soybeans rally on record exports, big U.S. crush
Reading Time: 2 minutes Chicago | Reuters — U.S. soybeans jumped one per cent on Monday, rebounding from an earlier one-week low after government and private reports showed larger-than-expected demand from exporters and crushers. Wheat and corn futures each fell more than one per cent at the Chicago Board of Trade (CBOT), pressured by disappointing international demand for U.S. […] Read more
U.S. grains: soymeal makes biggest monthly gain since 1976
Reading Time: 2 minutes Chicago / Reuters – U.S. soymeal climbed 2 per cent on Friday, capping the commodity’s best monthly performance since 1976, as short-term supply strains in the United States continued to fuel buying. Soybeans also rose sharply and corn turned higher late, following gains in soymeal, while wheat declined on pressure from multiyear highs in the dollar that made the crops less competitive […] Read more
U.S. grains: soybeans down 1 per cent, corn narrowly lower
Reading Time: 2 minutes Chicago / Reuters – U.S. soymeal futures fell 4 per cent on Thursday for their biggest daily losses since June as investors locked in profits after prices for the protein-rich animal feed soared to a seven-week high. Soybean futures shed more than 1 per cent, while corn edged lower following a spike in sales by U.S. farmers, who were harvesting […] Read more
U.S. grains: Corn, soybeans and wheat up on spillover from soymeal
Reading Time: 2 minutes Chicago / Reuters – U.S. soymeal surged 7 per cent on Wednesday, increasing this week’s gains to the largest in six years as a slow start to a record soybean harvest coupled with slow traffic on the nation’s railroads forced crushing plants to cover short cash positions in the futures market. Soybeans jumped nearly 3 per cent and corn […] Read more
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