Reading Time: < 1 minute Chicago | Reuters — U.S. corn futures firmed to their highest in nearly four weeks on Wednesday, closing in positive territory for the fifth day in a row on short-covering after weakening in overnight trading, traders said. Soybean futures eased on a round of profit-taking but closed well above session lows as speculators looking to […] Read more
U.S. grains: Corn futures extend winning streak
U.S. grains: Prices soar as fund money flows to commodities
Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soy futures jumped on Tuesday as investors sunk money into commodities, extending a run-up in prices linked to poor weather that has hurt harvests in South America. Commodity funds were net buyers of up to 14,000 corn contracts and 11,000 soybean contracts, a hefty amount that helped lift […] Read more
U.S. grains: Corn rises on technical buying, planting switch
Reading Time: 2 minutes Reuters — U.S. corn futures rose on Monday, lifted by technical buying and thoughts that farmers may shift some plantings to soybeans. Soybeans eased on technical selling and slowing export demand, while Chicago wheat finished unchanged after a late round of short-covering. The Chicago Board of Trade’s July corn contract added 3-1/4 cents to $3.94 […] Read more
U.S. grains: Wheat up on short-covering
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures rose on Friday to their highest levels in more than a week and gained against soybeans as traders took profits on inter-market spreads, analysts said. Soybeans also faced pressure from expectations that U.S. farmers will plant more soybeans than the U.S. Department of Agriculture’s projections. At […] Read more
U.S. grains: Soy falls on weak export data, planting expectations
Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures fell on Thursday on disappointing weekly export data and expectations that U.S. farmers might increase soybean seedings this spring and plant less corn, analysts said. Corn and wheat futures closed higher. At the Chicago Board of Trade, July soybeans settled down 6-1/4 cents at $10.72 per bushel (all […] Read more
CBOT weekly outlook: Soybeans surge with USDA report
Reading Time: 2 minutes CNS Canada — Corn and soybean contracts on the Chicago Board of Trade both posted gains during the week ended Wednesday, and further advances are likely, according to an analyst. Agricultural markets were sent into a flurry of activity Tuesday when the U.S. Department of Agriculture released a report that slashed the outlook for both […] Read more
U.S. grains: Soybeans retreat from multi-month highs
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures declined on Wednesday in a light profit-taking setback, one day after bullish soy stocks data in a monthly U.S. government report sent soybeans soaring to the highest levels since 2014. Wheat also sagged, pressured by plentiful global supplies and the approach of the U.S. harvest. At […] Read more
U.S. grains: Soy soars to 18-month top as USDA tightens stocks view
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures surged more than five per cent to their highest level in 18 months on Tuesday after the U.S. Department of Agriculture forecast that domestic stocks would fall more than most analysts expect by the end of the 2016-17 marketing year. Corn and wheat futures followed soybeans higher, although […] Read more
U.S. grains: Corn falls two per cent ahead of monthly USDA report
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell about two per cent on Monday to the lowest level since mid-April, pressured by broad weakness in commodities and positioning a day ahead of a monthly U.S. Department of Agriculture report, analysts said. Soybean and wheat futures also fell. At the Chicago Board of Trade, most-active July […] Read more
U.S. grains: Soy surges as export hopes rise
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean, corn and wheat futures rose on Friday on bargain buying after all three commodities posted sharp declines on Thursday. Soybeans led the gains, with the most-active contract rising 2.6 per cent. Underpinning soy were hopes that the U.S. exporters will continue to pick up overseas demand even as harvest […] Read more
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