Reading Time: 2 minutes Chicago / Reuters – U.S. corn and soybean futures posted sharp declines on Wednesday, with corn hitting its lowest in nearly two years as the latest weather outlook appeared less threatening to crop development, traders said. Soybean futures led the sell-off, sinking 2 per cent and hitting their lowest since April 26. Wheat futures also fell, […] Read more
U.S. grains: Improving weather sparks sell-off in U.S. corn, soybeans
U.S. grains: Corn, soy prices tumble on strong U.S. crop ratings
Reading Time: 2 minutes Chicago / Reuters – U.S. corn and soybean futures fell more than 3 per cent on Tuesday, pressured by historically high crop ratings and forecasts for moderating temperatures next week, analysts said. Wheat also declined, following the weak trend. At the Chicago Board of Trade as of 12:27 p.m. CDT (1727 GMT), December corn was down […] Read more
U.S. grains: Corn, soybeans end higher as U.S. hot spell looms
Reading Time: 2 minutes Chicago / Reuters – U.S. corn futures firmed on Monday as forecasts for scorching heat this week in the Midwest, where the crop is pollinating, fuelled concerns about yield prospects, traders said. Soybeans turned higher as updated midday forecasts called for more hot and drier conditions next week, a change from previous outlooks that had predicted […] Read more
U.S. grains: Corn, soy sag on long liquidation
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures declined on Friday in a sometimes-volatile session as shifting weather forecasts for the Corn Belt prompted traders to liquidate long positions, analysts said. Wheat futures also fell, following corn and soybeans. At the Chicago Board of Trade, most-active December corn settled down 6-1/2 cents at $3.58-1/4 […] Read more
U.S. grains: New forecast ends rallies
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell 3.8 per cent on Thursday, giving up early gains after new weather forecasts boosted expectations of a robust harvest in the U.S. Corn and wheat futures also closed lower after rallying to two-week highs earlier in the session. The latest outlooks dialed back the amount of time […] Read more
CBOT weekly outlook: Corn, soy enter temperature-driven phase
Reading Time: < 1 minute CNS Canada — Chicago Board of Trade corn and soybean futures are entering a period that is typically driven by weather concerns and little else. The U.S. Department of Agriculture on Tuesday released its world agricultural supply and demand estimates (WASDE) report. Both corn and soybeans improved in price after the report predicted lower-than-expected stocks […] Read more
U.S. grains: Corn, soybeans extend rally as fundamentals improve
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures rallied on Wednesday, both posting their second straight day of sharp gains on concerns about hot and dry weather cutting into U.S. soybean crops and expectations of strong exports of U.S. corn. “Soybeans are the main drivers of the grain market as traders continue to put […] Read more
U.S. grains: Soybeans jump on worries heat may threaten crops
Reading Time: 2 minutes Chicago | Reuters — U.S. grain futures rose on Tuesday, with soybeans touching a one-week high, on worries that a heat wave may threaten crops later this summer. Concerns about the risk of damaging weather overshadowed a new report from the U.S. Department of Agriculture, which predicted a big domestic soybean harvest will help offset […] Read more
U.S. grains: Corn, wheat, soy sag ahead of USDA reports
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell on Monday, as investors braced themselves on the eve of a monthly U.S. Department of Agriculture report that analysts expected to project rising domestic corn stockpiles. Wheat and soybeans followed corn lower, although forecasts for hot weather in the U.S. Midwest crop belt later this month underpinned […] Read more
U.S. grains: Bargain hunting, weather concerns support soy, corn gains
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures rallied on Friday on a bargain-buying bounce after declining sharply earlier in the week. Concerns about hot and dry weather stressing both crops as they head toward key developmental phases added to the strength. “Traders continue to have concerns about forecasts calling for hot and dry […] Read more
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