Reading Time: 3 minutes Chicago | Reuters — U.S. corn futures rose more than one per cent on Tuesday for their third straight session of gains and neared a three-week high as rains and cold temperatures prevented farmers from planting in much of the Midwestern crop belt, analysts said. Wheat and soybeans also climbed at the Chicago Board of […] Read more
U.S. grains: Corn near three-week high on slow planting
U.S. grains: Wheat hits two-week high on Plains drought conditions
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat rose for the fifth straight session, climbing to a two-week high on Monday on concerns that drought conditions in the southern Plains could cut yields before an annual crop tour this week in the top-growing state of Kansas, analysts said. Corn futures advanced to a nearly three-week high at […] Read more
U.S. grains: Wheat falls on forecast for rains, but gains for week
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell two per cent on Friday, pressured by forecasts for rains next week in parched southern Plains growing regions and as investors squared positions ahead of key U.S. planting and stocks data due on Monday. Corn and soybeans were nearly unchanged in subdued trading in the run-up to […] Read more
U.S. grains: Corn jumps to three-week high on big export sales
Reading Time: 2 minutes Chicago | Reuters — U.S. corn climbed 1.6 per cent to its highest in nearly three weeks on Thursday, lifted by large export sales, while wheat futures also rose as grain prices rebounded after two sessions of declines. Soybean futures edged lower at the Chicago Board of Trade, pressured by export sales results showing further […] Read more
U.S. grains: Wheat falls one per cent on forecast for U.S. Plains
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell more than one per cent for their second straight session of declines on Wednesday in a selloff sparked by forecasts for rain in parched growing regions in the southern U.S. Plains. Corn futures edged narrowly lower on pressure from the steep downturn in wheat while soybeans moved […] Read more
U.S. grains: Corn, wheat edge lower in consolidation ahead of report
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures eased for the first time in three sessions on Tuesday while wheat prices also lost ground as investors took profits ahead of a major government crop report due next week. Forecasts for more favourable weather in the U.S. also weighed on grain prices even as they remained near […] Read more
CBOT oats hit record high, rail delays keep supplies tight
Reading Time: 2 minutes Chicago | Reuters — The Chicago Board of Trade oat market soared 17 per cent to an all-time high on Wednesday, continuing a month-long rally on tight supplies due to backlogged rail shipments from top exporter Canada. The biggest gains were notched in the thinly traded March contract as traders exited their short positions ahead […] Read more
U.S. grains: Wheat, corn surge as market frets over Ukraine
Reading Time: 2 minutes Reuters — U.S. wheat futures surged nearly five per cent On Monday, the most in 1-1/2 years, as tensions in Ukraine stoked fears of disruption to shipments from the Black Sea, one of the world’s key grain-exporting zones. Corn futures jumped 1.5 per cent at the Chicago Board of Trade after Ukraine, a major exporter […] Read more
U.S. grains: Soybeans retreat from highest levels since September
Reading Time: 2 minutes Chicago | Reuters — U.S. soybeans fell on Thursday, retreating after five sessions of gains and a rise in early trade to the highest level since September as U.S. and South American farmers boosted sales, traders said. Wheat futures shed nearly three per cent and corn 1.7 per cent, with all three markets pressured in […] Read more
U.S. grains: Wheat plunges most in month on export worries
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures plunged 2.4 per cent on Wednesday for their worst losses in a month, pressured by worries that the recent run-up in prices to a two-month high would make supplies from the U.S. less competitive in global markets. Wheat futures fell to their lows late in the session at […] Read more
A message from April Stewart, Country Guide's Associate Editor
