Reading Time: 2 minutes Chicago | Reuters — U.S. soybean future surged 2.8 per cent on Monday to their highest in more than three weeks, supported by strong export demand and a rally in the soyoil market, traders said. The gains in soybeans pulled corn higher, but wheat closed lower as traders locked in profits from early gains amid […] Read more
U.S. grains: Soybeans gain as soyoil rallies
U.S. grains: Corn touches seven-year low on record crop view
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures plunged to a seven-year low on Friday and hit contract lows in all months after a the government forecast a larger-than-expected harvest, but the market ultimately closed firm as the low prices prompted bargain buying. Soybeans eased as the U.S. Department of Agriculture projected the U.S. crop would […] Read more
U.S. grains: Soy firms modestly on export demand
Reading Time: 2 minutes Chicago | Reuters — U.S. soybeans firmed on Thursday on signs of resurgent export demand but corn drifted lower in subdued trade as the market awaited key monthly reports due Friday from the U.S. Department of Agriculture. Wheat fell despite better-than-expected weekly export sales data. At the Chicago Board of Trade, November soybeans settled up […] Read more
CBOT weekly outlook: Soy, corn stuck in place ahead of USDA data
Reading Time: 2 minutes CNS Canada — Soybean and corn markets at the Chicago Board of Trade are trading in tight ranges ahead of key data from the U.S. Department of Agriculture. But increased global demand for U.S. commodities could underpin prices going forward, one U.S. analyst says. Soybeans – “We’re all just waiting,” said Scott Capinegro of Chicago-based […] Read more
U.S. grains: Soybeans fall on weather, snap five-session rally
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Wednesday, pressured by favourable crop weather and profit-taking after a five-session advance that was driven by resurgent export demand, analysts said. Corn futures firmed modestly, gaining against soy ahead of a key U.S. government crop report due on Friday, while wheat futures rose on hopes for […] Read more
U.S. grains: Soy export demand extends rally while corn sags
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose for a fifth straight session on Tuesday, supported by persistent export demand, traders said. Corn futures drifted lower, however, as traders adjusted positions ahead of monthly U.S. crop reports due on Friday, while wheat settled unchanged. At the Chicago Board of Trade, the benchmark November soybean contract […] Read more
U.S. grains: Soy rises to one-week high on export deals
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose to a one-week peak on Monday on strong export demand and drier-than-expected Midwest weather over the weekend, although forecasts for a bumper U.S. harvest this autumn limited gains. Corn futures edged higher on short covering following recent declines, while wheat prices were narrowly mixed. Some traders squared […] Read more
U.S. grains: Soybeans extend rebound on robust export demand
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures jumped on Friday, extending a rebound from 3-1/2-month lows hit earlier this week, as strong export demand offset supply pressure linked to bumper harvest prospects. Wheat futures also climbed while corn crept higher as the grain markets consolidated after falling to 10-year and near two-year lows, respectively, this […] Read more
U.S. grains: Wheat, corn pressured by rising stockpiles
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat and corn futures fell on Thursday on disappointing export sales and prospects for rising global inventories, traders said. Soybean futures closed steady to modestly higher as a pick-up in export demand helped a cautious market rebound from multi-month lows this week. At the Chicago Board of Trade, September wheat […] Read more
U.S. grains: Wheat, corn, soy end higher on bargain hunting
Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat, corn and soybean futures rose on Wednesday, rallying on bargain hunting after all three key commodities fell to multimonth or multiyear lows a day earlier, traders said. But expectations of bumper U.S. crops limited further gains. At the Chicago Board of Trade, September wheat settled up nine cents at […] Read more
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