Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures snapped two sessions of declines and climbed to the highest in 2-1/2 weeks on concerns that labour strikes in South America could limit supplies to ports during the peak export season in Brazil and Argentina. Truckers in Brazil began to block roads across the country’s main farm belt […] Read more
U.S. grains: Soybeans up on trucker strike worry
U.S. grains: Corn touches one-month low, soy slips on bird flu concern
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn futures touched a one-month low on Wednesday and soybeans dropped on concern that a bird flu outbreak in the U.S. may cut feed demand, as forecasts for favourable U.S. planting weather in coming weeks also weighed on prices. Wheat was slightly lower as early short covering support faded in […] Read more
U.S. grains: Corn lower on bird flu outbreak, planting progress
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell more than one per cent on Tuesday on planting progress in the world’s top producer, coupled with concerns about bird flu slowing demand for poultry feed, traders said. Soybeans declined as the bird flu fears pressured futures for soymeal, which like corn is a major poultry feed […] Read more
U.S. grains: Soybeans rise on Chinese stimulus, wheat rebounds
Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures rose for a fifth consecutive session on Monday on worries about a possible trucker strike in Brazil and as an economic stimulus move by top importer China reinforced expectations of brisk demand for the oilseed. Wheat rebounded from steep losses last week, although gains were capped by improving […] Read more
U.S. grains: Wheat falls six per cent in week as rains arrive on Plains
Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade wheat futures ended steady on Friday but fell six per cent for the week as drought-relieving rains arrived in the southern U.S. Plains crop belt. Corn futures firmed in a technical bounce after falling to a near one-month low this week, and soybeans posted a slight gain. […] Read more
U.S. grains: K.C. wheat to multi-year lows as rains reach Plains
Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade soft wheat futures rose on Thursday while K.C. hard red winter wheat fell to multi-year lows on poor export demand and much-needed rains falling in key U.S. crop areas, traders said. Corn and soybeans ended nearly unchanged after a choppy session. At the CBOT, May wheat settled […] Read more
CBOT weekly outlook: Corn, soy feel slight technical pressure
Reading Time: 2 minutes CNS Canada — Chicago Board of Trade corn and soybean markets trended slightly lower during the week ended Wednesday, but weather concerns for both grains helped keep the bottom from falling out. “We’re a little dry out in the west here and we’re probably too moist, east and southeast,” said Brian Rydlund, a market analyst […] Read more
U.S. grains: Soy rallies to one-week high, wheat falls to one-month low
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures climbed to a one-week high on Wednesday on technical buying and data showing U.S. processors crushed more soybeans in March than analysts expected. Corn followed soybeans higher while wheat fell to a one-month low, extending this week’s losses on forecasts for drought-relieving showers in the […] Read more
U.S. grains: Wheat nears one-month low on rain in forecast
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat fell below US$5 a bushel to its lowest in nearly a month on Tuesday, under continued pressure from forecasts of drought-relieving showers in the U.S. grain belt. Soybeans rallied from recent multimonth lows on bargain buying, and corn also firmed. At the CBOT, May wheat settled […] Read more
U.S. grains: Wheat wanes as rain expected on Plains
Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade wheat futures fell more than four per cent on Monday to the lowest in two weeks as forecasts for timely showers across dry U.S. crop regions eased concern over potential yield losses. Corn followed wheat lower, while soybeans fell on rising global stockpiles. At the CBOT, May […] Read more
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