Reading Time: 2 minutes Chicago | Reuters — U.S. wheat surged more than two per cent to the highest level in a month on Monday as forecasts for rains in the U.S. Plains revived concerns about crop damage and encouraged buying among investors with large short positions. Worries that frost and cold temperatures could reduce yields in the northern […] Read more
U.S. grains: Wheat jumps on more U.S. rains, frost fears
U.S. grains: Wheat retreats from one-month high
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat prices fell on Friday in a technical setback from a one-month high and a seven per cent surge a day earlier, traders said. Corn and soybeans also eased as U.S. crop prospects remained bright amid generally favourable weather in the Midwest. At the Chicago Board of Trade, July wheat […] Read more
U.S. grains: Wheat surges as funds cover short positions
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures surged seven per cent on Thursday as a softer dollar inspired funds to cover short positions, analysts said. Corn followed wheat higher, while soybeans closed flat after a private forecast for record-high U.S. soybean plantings. At the Chicago Board of Trade, July wheat settled up 32-3/4 cents at […] Read more
CBOT weekly outlook: Corn, soybeans trending sideways to lower
Reading Time: 2 minutes CNS Canada –– Chicago Board of Trade corn and soybean futures moved sharply lower during the week ended Wednesday, and are expected to trend sideways to weaker for the rest of the month. Traders are going to focus on spring weather and seeding conditions until more acreage and yield estimates for the 2015-16 crops are […] Read more
U.S. grains: Soy, wheat, corn post light gains in technical trade
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose slightly on short-covering on Wednesday after falling nearly two per cent a day earlier when a U.S. Agriculture Department report projected domestic soy stocks would rise to a nine-year high. Wheat and corn futures also edged higher on largely technical buying with ample global grain supplies limiting […] Read more
U.S. grains: Soybeans slide as USDA forecasts ballooning stocks
Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade soybean futures fell nearly two per cent on Tuesday after the U.S. Department of Agriculture projected domestic stocks would rise to 500 million bushels by the end of the 2015-16 marketing year, a nine-year high if realized. Corn ended almost unchanged after sliding to its lowest level […] Read more
U.S. grains: Soybeans, corn fall on planting pace
Reading Time: 2 minutes Washington | Reuters — U.S. corn and soybean futures fell on Monday, pressured by expectations that a government report will show the pace of planting of both commodities was well ahead of the typical schedule. Wheat futures were mixed, with hard red winter wheat contracts supported by concerns about the crop in the U.S. Plains […] Read more
U.S. grains: Crop tour results boost wheat
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Friday, supported by results from an annual crop tour that projected below-average yields in Kansas, the top production state for the grain, traders said. End-of-week short covering and some bargain buying following a 1.4 per cent decline on Thursday also buoyed prices. Corn and soybeans firmed […] Read more
U.S. grains: Weather outlook weighs on corn, soy
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and soybean futures fell on Thursday, pressured by forecasts for wet and warm weather in the Midwest that will foster early development of both crops in the coming weeks, traders said. Wheat futures also dropped after a sharp rally on Wednesday despite reports of poor yields from a crop […] Read more
U.S. grains: Wheat jumps on weak crop tour results, short-covering
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures surged 2.7 per cent on Wednesday, bouncing back from near five-year lows on disappointing results from a crop tour and a crumbling U.S. dollar, traders said. The wheat gains, the most since April 1, spilled into the corn market, which also benefited from slow farmer selling on the […] Read more
A message from April Stewart, Country Guide's Associate Editor
