Reading Time: 2 minutes Australian wheat inventories will likely be much higher than last year at the end of the season, pressuring prices, because of a drop in Chinese imports and competition from ample supplies out of rival exporter Russia, analysts and traders said.
Weak Chinese demand leaves Australia with too much wheat
U.S. grains: Corn and soy fall on Trump recommendations for EU tariffs
Reading Time: 2 minutes Chicago corn and soy futures eased on Friday ahead of a long weekend in the U.S., after President Donald Trump posted on social media that he recommended a 50 per cent tariff on goods from the European Union.
U.S. grains: Chicago wheat futures dip as short-covering rally fades
Reading Time: 2 minutes Chicago wheat futures fell on Thursday as a short-covering rally earlier this week that took prices to a one-month peak petered out, with traders seeing limited threats to Northern Hemisphere crops despite adverse weather concerns.
CBOT Weekly: Coming weeks to see stronger soybean, corn prices
Expected to rise mid-May to mid-June
Reading Time: 2 minutes Futures for soybeans and corn on the Chicago Board of Trade are set to rise for two reasons, said Steve Georgy, president of Allendale Inc. in McHenry, Illinois — the planting progress being made by United States farmers and "seasonality"
U.S. grains: Chicago wheat futures prices surge amid weaker dollar, short-covering
Reading Time: 2 minutes Chicago wheat futures extended gains on Wednesday, at one point rising to a one-month high, amid support by a weaker dollar and short-covering encouraged by production concerns, market analysts said.
U.S. grains: Wheat extends rally on crop rating drop, Chinese heat wave concerns
Reading Time: 2 minutes Chicago Board of Trade wheat futures surged to a two-week high on Tuesday, as a weaker dollar and an unexpected decline in U.S. crop ratings encouraged more short-covering after prices hit a five-year low last week.
U.S. grains: Soybeans drop from 10-month high as biofuel guidance pressures soyoil
Reading Time: 2 minutes Chicago soybean futures on Thursday plummeted from the previous session's 10-month high, pressured by a sharp drop in soyoil caused by concerns over U.S. biofuel targets, traders said.
U.S. grains: Soybeans hit nearly 10-month high on biofuel and trade hopes
Reading Time: 2 minutes Chicago Board of Trade soybean futures set a nearly 10-month high on Wednesday as the truce in the U.S.-China tariff dispute and a proposal to extend a U.S. biofuel tax credit boosted hopes for demand.
CBOT Weekly: Weather, new crop projections top of mind
Planting, growing progress pressuring prices
Reading Time: 2 minutes Soybean futures on the Chicago Board of Trade may trade sideways in the coming weeks, while corn and wheat make gains, according to a Chicago trader.
U.S. grains: Soybeans higher on bullish USDA report, US-China trade truce
Reading Time: 2 minutes Chicago soybean futures settled higher on Tuesday on strength from a temporary truce in the U.S.-China trade war and a bullish U.S. Department of Agriculture report, though profit-taking pressured prices throughout the session.