Reading Time: < 1minute Chicago soybean futures fell to a four-year low on Wednesday, pressured by bumper crop prospects in Brazil and a slide in soyoil prices after a proposed U.S. government spending bill failed to include support for biodiesel, traders said.
Reading Time: 2minutes Chicago soybean futures sank to life-of-contract lows on Tuesday as favorable crop conditions in Brazil and weak Chinese demand for U.S. soybeans hung over the market, traders said.
Reading Time: 2minutes Chicago corn and soybean futures seesawed on Monday as market players weighed an uptick in fund buying interest against the prospect of a bumper South American corn and soy crop, traders said.
Reading Time: 2minutes Chicago Board of Trade corn futures eased on Friday on technical selling and disappointment in the size of weekly export sales, analysts said.
Reading Time: 2minutes Chicago Board of Trade (CBOT) corn and wheat futures fell back on Thursday on a stronger dollar following rate cuts by the European Central Bank, technical trading and slower-than-anticipated weekly export sales, according to analysts.
Reading Time: < 1minute As the turnaround in canola continued, analyst said there are three factors underpinning the swing upward. David Derwin, commodities futures advisor for Ventum Financial in Winnipeg, pointed to the gains made by soyoil futures on the Chicago Board of Trade, the weakening of the Canadian dollar, and the reduction in the canola harvest made by Statistics Canada.
Reading Time: 2minutes A larger-than-expected cut to corn carryout in the USDA's monthly WASDE report on Dec. 10 affected prices at the Chicago Board of Trade.
Reading Time: 2minutes Chicago Board of Trade corn futures jumped to a five-and-a-half month high on Tuesday, after the U.S. Department of Agriculture slashed domestic corn supply forecast by more than the market had expected.
Reading Time: 2minutes Chicago soybean futures dropped on Monday on expectations for a hefty South American crop, while corn futures rose as traders anticipated world supply and demand estimates from the U.S. Department of Agriculture will show smaller U.S. stockpiles.