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: soybeans down 1 per cent, corn narrowly lower
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
U.S. grains: Soy, corn higher but trim gains after short-covering surge
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures surged to multi-month highs during a short-covering rally on Tuesday but trimmed their gains after the elevated prices sparked a round of selling by farmers. Soymeal futures that had jumped the most in four years on Monday, helping to fuel the rise in soybeans and corn, […] Read more
U.S. grains: Soybeans rise, corn hits one-month high on harvest delays
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures set a one-month high Tuesday and soybeans hit a three-week top on commercial demand amid harvest delays and slow farmer selling, coupled with chart-based buying, traders said. Corn peaked near the closing bell and posted the day’s biggest gains on a percentage basis, but soybeans had the highest […] Read more
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