Reading Time: 2 minutes Chicago/Reuters – U.S. soybean futures rose on Thursday as signs of growing export demand threatened to cut into an already thin supply base, traders said. Corn futures also firmed, with bargain hunters and technical buyers stepping into the market after prices fell to a five-week low. Wheat closed mostly lower, pressured by plentiful supplies and […] Read more
U.S. grains: Soybeans rise on strong exports, corn firm, wheat weak
U.S. grains: Soybeans rise for second day, corn and wheat resume slides
Reading Time: 2 minutes Winnipeg /Reuters – U.S. soybeans rose for a second straight day on Wednesday, recovering some recent losses ahead of a critical development period for the oilseed, while corn and wheat resumed their slides on a favorable U.S. harvest outlook. With soybean yields largely determined in August and questions about the size of planted area, there […] Read more
U.S. grains: Soybeans, wheat, corn bounce after steep losses
Reading Time: 2 minutes Winnipeg/Reuters – Chicago soybean, wheat and corn futures bounced on Tuesday, rising on bargain-buying and short-covering after setting recent lows. Nearby soybeans fell for three straight sessions through Monday, shedding nearly 6 percent as weather improved for crop development across the U.S. Midwest. “We’ve just plain hit (soybeans) hard for the last week or so and […] Read more
U.S. grains: Improving weather sparks sell-off in corn, soybeans, wheat
Reading Time: 2 minutes Chicago/Reuters – Chicago Board of Trade corn and soybean futures plunged to their lowest in more than a month on Monday as improving weather for crop development across the U.S. Midwest sparked a round of long liquidation by speculators, traders said. Wheat futures also fell, weighed down by the declines in corn and pressure from […] Read more
U.S. grains: Corn posts biggest weekly loss in a year; soy, wheat also sag
Reading Time: 2 minutes Chicago/Reuters – U.S. corn futures posted their biggest weekly decline in a year on improving prospects in the Midwest during the crop’s key growth phase, raising expectations for a bumper harvest. Soybean and wheat futures also fell on chart-based selling and spillover pressure from outside commodity markets, including metals and crude oil. “It’s now making […] Read more
U.S. grains: U.S. soy falls on improving crop prospects; corn, wheat firm
Reading Time: 1 minute Chicago/Reuters – U.S. soybean futures fell on Thursday as improving weather in major Midwest growing areas increased expectations of ample production, traders said. Wheat futures firmed on a round of bargain buying and technical support, snapping a seven session losing streak for the front-month contract. Corn also edged higher, with the gains in wheat sparking […] Read more
U.S. grains: Improving weather view pressures U.S. corn, soy, wheat
Reading Time: 2 minutes Chicago/Reuters – U.S. corn futures fell on Wednesday, pressured by good weather for crop development across the U.S. Midwest, traders said. The benign conditions also weighed on wheat, which eased as the pace of harvest in eastern growing areas increased. Soybean futures were mixed. The nearby contract firmed on support from strength in the cash […] Read more
U.S. grains: Soybeans rally on bargain buying, corn firms, wheat weak
Reading Time: 2 minutes Chicago / Reuters – Chicago Board of Trade soybean futures rose 1.1 percent on Tuesday, snapping a streak of five straight declines on a round of bargain buying after prices fell to their lowest levels since late June, traders said. Corn also rose, but gains were muted by declines in the wheat market as well […] Read more
U.S. grains: Dollar strength, harvest pressure “smokes” wheat; corn, soy weak
Reading Time: 2 minutes Chicago / Reuters – Chicago Board of Trade wheat futures sank 3.4 percent on Monday to their lowest in more than three weeks, the fifth straight losing session, on pressure from dollar strength and a pick-up in the pace of harvest, traders said. Soybean and corn futures also fell, weighed down by improving weather for […] Read more
U.S. grains: Corn, wheat fall on dollar gains, weather
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat fell as much as two per cent on Friday, while soybeans also declined as the dollar climbed and rains provided needed moisture in the western half of the U.S. Midwest crop belt. Chart-based selling also was noted as prices for the crops fell below key moving averages, […] Read more