Reading Time: 2 minutes CNS Canada — Corn and soybean futures at the Chicago Board of Trade recorded losses during the week ended Wednesday, as expectations of massive crops and high yields edge closer to becoming a reality. “Since weather isn’t a major issue anymore, (traders) will be watching for potential record crop production sizes in the U.S.,” said […] Read more
CBOT weekly outlook: Yield prospects key for soybeans, corn
U.S. grains: Soybeans sag on weather, prospects for big crop
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures declined on Tuesday as favorable weather in the Midwest bolstered expectations of a large crop, analysts said. Front-month corn futures on the Chicago Board of Trade fell to the lowest in nearly two years and wheat dipped below $4 a bushel for the first time in a decade, […] Read more
U.S. grains: Soy tumbles on favourable weather
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures slipped about four per cent on Monday as forecasts for favourable weather in the Midwestern crop belt prompted investors to liquidate long positions, traders said. Corn and wheat followed soybeans lower, and declines in the energy sector pressured the broader commodity sector. The 19-market Thomson Reuters CoreCommodity CRB […] Read more
U.S. grains: Soy surges on short-covering on way to huge monthly loss
Reading Time: 2 minutes Chicago / Reuters – U.S. soybeans surged as much as 2.8 per cent on Friday, reversing earlier losses in a rally sparked by U.S. data showing improved export demand, traders and analysts said. Corn futures were narrowly higher and wheat mostly lower. All three commodities notched steep monthly losses on the final trading day of […] Read more
U.S. grains: Corn, soy ease as investors eye big U.S. harvests
Reading Time: 2 minutes Chicago / Reuters – U.S. corn and soybean futures fell one per cent or more on Thursday, pressured by ample existing supplies and largely favourable growing conditions that will likely lead to huge harvests this fall, traders and analysts said. Chicago Board of Trade corn futures led the declines, with technical selling weighing further after prices […] Read more
U.S. grains: Soy extends gains on short-covering, weather worries
Reading Time: 2 minutes Chicago / Reuters – U.S. soybean futures gained for the second straight session on Wednesday on short-covering and worries about dry weather conditions in the key crop development month of August, traders and analysts said. Corn futures also rose at the Chicago Board of Trade, primarily on bargain buying, while wheat was narrowly lower. CBOT soybeans […] Read more
U.S. grains: U.S. wheat tumbles on ample supplies, Euronext declines
Reading Time: 2 minutes Chicago / Reuters – Chicago Board of Trade wheat futures plunged as much as 3 per cent on Tuesday, their largest daily losses in three weeks, on pressure from ample global grain supplies and following declines in Euronext wheat, traders said. Wheat on the Paris exchange fell sharply for the second straight session, correcting after […] Read more
U.S. grains: Soybeans extend losses on fund selling, favorable weather
Reading Time: 2 minutes Chicago / Reuters – U.S. soybean futures fell sharply on Monday, extending the steep declines seen last week on pressure from investment fund selling and favourable extended weather outlooks for the developing crop, traders and analysts said. Wheat and corn futures each were narrowly lower at the Chicago Board of Trade, with wheat reversing from earlier […] Read more
U.S. grains: Soy falls as harvest expectations rise; wheat, corn firm
Reading Time: 2 minutes Chicago / Reuters – U.S. soybean futures fell 2.3 per cent to a three-month low on Friday as the weather forecast for August reinforced expectations that the crop developing in the U.S. Midwest would blossom into a bumper harvest. Wheat and corn futures firmed, recovering from early weakness, as investment funds unwound bearish bets ahead of […] Read more
U.S. grains: U.S. corn extends losing streak on weak exports, good weather; soy firms
Reading Time: 2 minutes Chicago / Reuters – U.S. corn futures fell for the third day in a row on Thursday, with good weather for crop development in the U.S. Midwest and poor exports pushing prices to their lowest in nearly two years. Wheat and soybean futures firmed. The soy market was supported by signs that overseas buyers were […] Read more
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