Reading Time: 2 minutes Reuters — Soybean futures climbed more than one per cent on Wednesday, bouncing on short-covering after this week’s 6-1/2 year low, ahead of a U.S. holiday. Corn also rose as investors covered short positions and as farmers maintained a slow selling pace to the cash market. Nearby Chicago wheat futures extended losses from the previous […] Read more
U.S. grains: Soy rallies off multi-year low ahead of U.S. holiday
U.S. grains: Wheat drops on improving crop conditions, big stocks
Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures fell more than two per cent on Tuesday, giving up all the prior session’s gains, as a further improvement in the condition of the U.S. winter crop placed attention back on ample global supply of the staple cereal. Corn prices eased, following wheat lower and further pressured by […] Read more
U.S. grains: Soybeans bounce from 6-1/2-year low
Reading Time: 2 minutes Chicago | Reuters –– U.S. soybeans rebounded on Monday on technical buying and short covering after hitting a 6-1/2-year low following the weekend election in Argentina of a president who has promised to cut export taxes and boost production. Corn and wheat prices on the Chicago Board of Trade recovered from earlier losses tied to […] Read more
U.S. grains: Wheat, corn, soybeans fall on good crop weather
Reading Time: < 1 minute Chicago | Reuters –– Chicago Board of Trade wheat futures fell on Friday, pressured by improving crop conditions in the U.S. Plains and Midwest while corn and soybeans dropped on beneficial crop weather in South America, traders said. The burgeoning harvest prospects threatened to add to the already ample global stockpiles of all three commodities. […] Read more
U.S. grains: Wheat rallies 1.5 per cent
Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat, corn and soybean futures all firmed on Thursday on support from better-than-expected export sales reports for all three commodities, traders said. Gains in soybeans were limited by a huge global supply base following bumper harvests across the U.S. Midwest as well as improving crop weather in South America. Wheat […] Read more
U.S. grains: Soybeans, wheat close lower
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Wednesday in a technical setback following two days of modest gains, traders said. Wheat futures also weakened as a bleak fundamental picture, highlighted by plentiful global stocks, cast a bearish tone across the agriculture sector. Corn was mixed, with some contracts edging higher on a late […] Read more
U.S. grains: Wheat futures sag as conditions improve
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures shed 1.3 per cent on Tuesday, their third straight day of declines, after a government report showed that crop conditions improved amid better moisture in main growing areas, traders said. “I do not think there is much going on out there (to help wheat),” said Mike Krueger, president […] Read more
U.S. grains: Soybeans bounce from 6-1/2 year lows
Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures firmed on Monday, rising from 6-1/2 year lows on bargain-buying as investors covered bearish bets amid signs of strong export demand, traders said. Corn futures also closed higher, with traders citing a round of short-covering. The gains in both commodities were kept in check by pressure from burgeoning […] Read more
U.S. grains: Corn, soy, wheat close lower, post weekly losses
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Friday on a profit-taking setback after posting gains in the previous two sessions, traders said. Soybeans closed near session lows but the declines were kept in check by technical buying as prices neared contract lows hit earlier in the week. Expectations for huge plantings in 2016 […] Read more
U.S. grains: Wheat firms but weak exports limit gains
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures firmed on Thursday on technical buying including short-covering, but advances were modest as export sentiment remained gloomy. Soybean futures also rose while corn closed narrowly mixed. At the Chicago Board of Trade, December wheat settled up 3-1/4 cents at $4.98 a bushel, after briefly trading above $5 for […] Read more
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