Reading Time: 2 minutes Chicago Board of Trade soybean futures firmed on Monday on bargain buying and a weaker U.S. dollar, but remained near multi-year lows as nearby contracts struggled to shake off technical resistance, traders said.
Tag Archives CBOT
U.S. grains: Bargain buying supports CBOT soybeans and corn after 3-year lows
Market keeps eye on South American weather
U.S. grains: Soybeans, corn stuck near 3-year lows on abundant supplies
Wheat futures higher on bargain buying, short covering
Reading Time: 2 minutes U.S. corn and soybean futures hovered near three-year lows on Friday as South American crop weather improved and forecasts called for plentiful supplies, but losses were limited by short covering ahead of the weekend.
Prairie wheat weekly outlook: Prices down, especially for durum
Weaker Canadian dollar lends support, K.C., Chicago and Minneapolis wheat put pressure on prices
Reading Time: 2 minutes Wheat prices across the Canadian Prairies pulled back during the week ended Feb. 8. While there were moderate declines in Canadian Western Red Spring Wheat and Canada Prairie Red Spring Wheat, there were sharper losses for Canadian Western Amber Durum.
U.S. grains: Soybeans turn higher, grains lower, on raft of government data
Falling Russian prices weigh over wheat futures; U.S. poised to regain title of top corn exporter
Reading Time: 2 minutes Chicago Board of Trade soybean futures ended the day higher on Thursday on a flurry of late-session buying, as the market struggled to gain clarity on the size of the Brazilian crop, traders said.
U.S. grains: Corn, soybeans touch new multi-year lows on grain glut worries
Easing heat wave in Argentina tempers crop worries
Reading Time: 2 minutes Chicago corn prices dipped to a new three-year low on Wednesday, as weather charts showed a hot, dry spell in Argentina will give way to widespread rain in the coming days, traders said.
U.S. grains: Soybeans firm on bargain-buying ahead of USDA report
Wheat futures rose while corn ended lower on forecasts for rain in Argentina
Reading Time: < 1 minute U.S. soybean futures firmed on Tuesday for a second straight session as short-covering and technical-buying fueled a bounce from multi-year lows a day earlier, though concerns about weak demand limited gains.
U.S. grains: Soybeans move higher on technical trading ahead of government reports
Strong dollar weighed heavy on wheat; corn pressured by sluggish exports
Reading Time: < 1 minute Chicago Board of Trade soybeans futures on Monday rose on technical trading ahead of a slew of key government crop reports, after the most-active contract Sv1 touched the lowest price since December of 2020, traders said.
U.S. grains: Soy, corn futures under pressure as jobs data lifts US dollar
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade soybean futures fell about one per cent on Friday and corn also declined as the dollar .DXY soared after a much stronger-than-expected monthly U.S. jobs report reduced expectations of near-term Federal Reserve interest rate cuts. “When that jobs report came out, the U.S. dollar shot up, and that seemed […] Read more
U.S. grains: Soybeans slide on disappointing US export data; corn also down
Demand for U.S. soy hampered by strong competition from Brazil, China's economic woes
Reading Time: 2 minutes U.S. soybean futures fell about 1.5 per cent on Thursday on disappointing weekly U.S. export sales data coupled with strong competition from Brazil, where the soy harvest is expanding, traders said.
CBOT weekly outlook: Downturn continues for grains
Early harvest reports from South America could affect prices
Reading Time: 2 minutes March grain futures at the Chicago Board of Trade (CBOT) were in decline during the week ended Jan. 31 despite receiving a boost on Jan. 30.