Reading Time: 2 minutes Chicago | Reuters –– U.S. corn edged slightly higher while soybeans reversed from earlier gains to turn lower on Thursday as drier weather outlooks for next week were seen as benefiting both crops after record rains in the Midwest in recent months limited yield potential. Corn was in the early phases of its pollination period […] Read more
U.S. grains: Corn rises, soy eases on outlooks for drier weather
CBOT weekly outlook: Soy headed above US$11 if weather stays wet
Reading Time: 2 minutes CNS Canada — Soybean futures at the Chicago Board of Trade (CBOT) moved higher during the week ended Wednesday, and could be headed above the US$11 per bushel level if weather in the U.S. Midwest stays too wet, an analyst said. “If weather remains somewhat unfavourable we could see, over the medium term, prices maybe […] Read more
U.S. grains: Wheat, soy fall on fund liquidation, better weather
Reading Time: 2 minutes Chicago | Reuters — U.S. soybeans and wheat fell on Wednesday, pressured by investment fund selling tied to outlooks for drier weather in the U.S. and reduced export demand. Corn futures reversed from earlier losses to finish narrowly higher as midday weather outlooks predicted hot temperatures that could stress plants during the crucial pollination phase. […] Read more
U.S. grains: Corn tumbles from year high on drier weather outlook
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures retreated from an earlier one-year high and fell nearly three per cent on Tuesday on technical selling and forecasts for crop-friendly weather in the U.S. Wheat futures also were lower, pressured by the advancing winter wheat harvest. Soybean futures were little changed as a Monday report of a […] Read more
U.S. grains: Corn hits one-year high on supply outlook, crop conditions
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose on Monday for the fifth straight session, hitting a one-year high on better-than-expected demand and as heavy rains limited the yield potential of the new crop. The U.S. Department of Agriculture, in a monthly report issued Friday, surprised investors, showing corn and soybean supplies at levels smaller […] Read more
U.S. grains: Corn sets one-year highs on tighter old-crop U.S. supply
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures reached one-year highs and soybeans jumped on Friday as the U.S. Agriculture Department made bigger-than-expected cuts to its estimates for stocks of crops left over from last year’s harvests. The reductions, revealed in a monthly USDA report, added to concerns about supplies among traders worried that persistent rains […] Read more
U.S. old-crop soy, corn stocks miss forecasts
Reading Time: 2 minutes Washington | Reuters — The U.S. Agriculture Department on Friday cut its outlook for the supply of corn and soybeans that will be left over at the end of the 2014-15 marketing year by more than expected, sending futures prices sharply higher. But new-crop corn and soybean stocks came in above expectations due to large […] Read more
U.S. grains: Soybeans, corn rally ahead of USDA report
Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade soybean futures surged 2.9 per cent on Thursday on concerns that more rain in the U.S. Midwest would hinder crop development, traders said. Corn futures followed soybeans higher. Expectations that the U.S. Agriculture Department will trim its production forecast for both commodities in its monthly supply and […] Read more
CBOT weekly outlook: Choppy, two-sided trade ahead for corn, soy
Reading Time: 2 minutes CNS Canada — Chicago Board of Trade corn futures chalked up slight gains for the week ended Wednesday, while soybean futures posted steep losses on volatile trading. Sean Lusk, director of the commercial hedging division for Walsh Trading in Chicago, said there are growing worries about the quality of the corn crop due to excess […] Read more
U.S. grains: Soybeans rise in rebound from one-week low
Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures rose from a one-week low on Wednesday on bargain buying and renewed concerns about excessive rains hurting U.S. production, while wheat tumbled on poor export demand. Corn futures ended near unchanged. Forecasts for more unwanted storms in parts of the U.S. Midwest lifted soybeans after weeks of heavy […] Read more
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