Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures sank 1.4 per cent to a six-week low on Thursday, under pressure from improving weather forecasts across the U.S. Midwest as the crop nears key developmental phases, analysts said. The weather outlook also weighed on soybeans, which eased to a three-week low. Wheat also weakened, dragged down by […] Read more
U.S. grains: Corn weakens as weather improves
CBOT weekly outlook: Corn, soy both watching weather, funds
Reading Time: 2 minutes CNS Canada — Chicago Board of Trade soybeans recorded losses during the week ended Wednesday. The market felt pressure from wet weather in the U.S. Midwest, which is expected to mitigate some of the damage caused by hot and dry conditions. As well, traders liquidated many of their long-term contracts. “We’re going to watch the […] Read more
U.S. grains: Corn to one-month low as rains spur long liquidation
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell on Wednesday, after plunging nearly 6 percent the previous day, as improving weather in the Midwest continued to stimulate long liquidation by commodity funds, traders said. Soybeans bounced on talk of fresh export demand for U.S. supplies while wheat closed nearly unchanged, struggling to rebound a day […] Read more
U.S. grains: Corn falls most in three years on crop prospects
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures tumbled nearly six per cent on Tuesday, the biggest one-day slide in three years, as forecasts for less-threatening weather in the Midwest prompted funds to liquidate long positions, traders said. Soybeans and wheat followed corn’s lead. K.C. hard red winter wheat futures hit contract lows. At the Chicago […] Read more
U.S. grains: Corn sags as forecast rains trigger long liquidation
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures fell nearly four per cent on Monday and soybeans also weakened on forecasts calling for much-needed rains in the U.S. Midwest, traders said. Wheat was pulled lower by corn and soy while remaining under pressure from progress in the U.S. winter wheat harvest. At the Chicago Board of […] Read more
U.S. grains: Corn, soy climb on weather jitters ahead of weekend
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose nearly three per cent on Friday and soybeans more than two per cent on broad strength in commodities and uncertainty about Midwest crop weather, analysts said. Wheat followed the higher trend, rebounding on bargain buying after a six-session slide. At the Chicago Board of Trade, July corn […] Read more
U.S. grains: Soy, corn sag on improving weather outlooks
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures fell on Thursday as funds liquidated long positions on improving U.S. weather forecasts and broad weakness in commodity and equities markets, analysts said. Wheat followed the lower trend, pressured by the expanding U.S. winter wheat harvest and plentiful world stockpiles. At the Chicago Board of Trade, […] Read more
CBOT weekly outlook: Bull still needs to be fed for corn, soy
Reading Time: < 1 minute CNS Canada — Fund money pulled soybean and corn futures at the Chicago Board of Trade (CBOT) to their highest levels of the past year in recent weeks, but profit-taking at the highs tempered gains as traders look for more fundamental reasons to keep the rally going. “It’s all about the weather, La Nina and […] Read more
U.S. grains: Corn, soy retreat on rain in Midwest, profit-taking
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures eased on Wednesday after better-than-expected rains fell in the Midwest crop belt, prompting investors to take profits after recent highs, analysts said. Wheat futures also declined, pressured by the expanding U.S. winter wheat harvest and plentiful global stocks. At the Chicago Board of Trade, soybeans for […] Read more
U.S. grains: Corn rallies on weather worries
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures rose 1.5 per cent on Tuesday, rallying from early weakness as updated weather forecasts raised the risk of stressful hot and dry conditions in the Midwest crop belt. Soybean futures were mixed, with favourable crop ratings pressuring deferred contracts. Wheat futures fell, dragged down by the expanding U.S. […] Read more
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