Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures dropped to a 3-1/2-week low on Tuesday, while soybeans fell for the first time in four sessions as largely dry U.S. Midwest weather propelled harvesting and rains bolstered crop prospects in South America where farmers are planting corn and soy. Positioning ahead of a monthly U.S. Department of […] Read more
U.S. grains: Corn, soybeans retreat as mostly dry weather accelerates U.S. harvest
U.S. grains: Corn slides on demand worries, advancing U.S. harvest
Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures fell for a third straight session on Monday on forecasts for larger U.S. harvest yields and concerns about sluggish demand for American export shipments of the grain. Wheat also declined as stiff competition in global export markets and a stronger dollar pressured prices. Soybean futures, however, edged higher […] Read more
U.S. grains: Soybeans firm on China soy purchase, corn falls on uncertain U.S. harvest
Reading Time: 2 minutes Chicago | Reuters – U.S. soybeans futures firmed on Friday on news of another Chinese purchase of U.S. oilseeds and renewed hopes of progress in talks to resolve the trade war that has dramatically cut U.S. soybean exports to China. Wheat futures were stubbornly rangebound thanks to a weakening dollar. Corn prices stuttered as the […] Read more
U.S. grains: Corn prices stumble on hopes for better U.S. harvest conditions
Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures slipped on Thursday on expectations that weather conditions may turn more favorable for harvesting, giving a small break to soggy fields and farmers, traders said. Drier weather across the U.S. corn belt from Friday through much of next week should allow growers to make better progress after rain, […] Read more
U.S. grains: Corn futures edge up on worries over U.S. weather, late harvest
Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures crept higher on Wednesday on uncertainty about unfavourable weather threatening the size and quality of delayed autumn harvests. Traders were watching forecasts as snow and rain are expected in parts of the Corn Belt, followed by chilly temperatures. The weather could further delay autumn harvests, after rains and […] Read more
U.S. grains: Corn, soybeans mixed on harvest progress, weather uncertainty
Reading Time: 2 minutes Chicago | Reuters – Chicago corn and soybean futures were mixed on Tuesday as an advancing U.S. harvest curbed price gains while traders awaited further developments in U.S.-Chinese trade negotiations. Wheat edged higher for most of the session, with support from an Egyptian import tender that put the focus back on global demand and rising […] Read more
U.S. grains: Soybeans bounce off two-week low on U.S.-China trade hopes
Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures inched up on Monday, rising off a two-week low touched on Friday on hopes for progress in trade talks between Washington and Beijing to settle a conflict that has heavily reduced U.S. agricultural exports to China. Meanwhile, corn and wheat futures slipped on expectations a U.S. Department of Agriculture (USDA) […] Read more
U.S. grains: Soybeans drop as harvest accelerates
Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures fell to two-week lows on Friday on an accelerating U.S. harvest and disappointing demand from China as purchases have not lived up to trade expectations since Beijing offered crushers a quota of duty-free imports early this week. Wheat firmed for just the second time this week on optimism […] Read more
U.S. grains: Soybeans end mixed as sales to China remain below expectations
Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures were mixed on Thursday as the U.S. government confirmed fresh purchases by China, but sales volumes to the world’s top importer since the latest round of U.S.-China trade talks remained short of expectations. Favorable U.S. harvest weather also anchored soybean prices, with largely dry weather forecast for much […] Read more
CBOT weekly outlook: Traders watching weather
Reading Time: < 1 minute MarketsFarm — Corn contracts have tested contract lows on the Chicago Board of Trade, and markets are in need of a bounce. “If contract lows get taken out, you’re talking almost another 10 cents to the downside,” said Steve Georgy, president of Allendale Inc. at McHenry, Illinois. “It’s going to be very important for us […] Read more
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