Reading Time: 2 minutes Reuters — Soybeans climbed to a one-week high on Friday with a boost from strong export demand and meal prices, ahead of a key U.S. government crop report next week. Corn also advanced on spillover support from soybeans and export demand, while wheat futures rose on technical buying and in sympathy with corn and soybeans. […] Read more
U.S. grains: Soybeans surge to one-week high on export demand, meal strength
U.S. grains: Strong exports fuel corn, soy rally
Reading Time: 2 minutes Chicago | Reuters — Soybean and corn futures rose on Thursday on an export report that showed recent price declines have sparked strong overseas demand for U.S. commodities, traders said. “The exports have been pretty good for the last two or three weeks,” said Bill Gentry, broker at Risk Management Commodities. “Most of the guys […] Read more
U.S. grains: Wheat drops on profit taking, export prospects
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell 2.3 per cent on Wednesday, retreating from near six-month highs on a round of profit taking and ideas that the recent rally had made U.S. supplies uncompetitive on the global market, traders said. Corn and soybeans edged higher, turning positive late in the trading day. Soybeans received […] Read more
U.S. grains: Soy, corn plunge on South American weather, technicals
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped 2.1 per cent to their lowest in more than five weeks on Tuesday on good conditions for growth in Brazil and Argentina, technical pressure and a steep decline in soyoil prices, traders said. The South American weather also weighed on corn futures, while wheat backed off on […] Read more
Corn, soy chop around waiting for harvest to conclude
Reading Time: 2 minutes CNS Canada — ICE soybeans finished higher for the week ended Wednesday on volatile trade as demand for supplies outweighed concerns over the growing potential of the crop in South America. Traders will likely square positions and look for bargains during the next week of trading on the corn and soybean market, according to a […] Read more
U.S. grains: Wheat highest in over a week on global weather worries
Reading Time: 2 minutes EDITOR’S NOTE: Reuters’ daily closing reports from U.S. grain and oilseed futures markets are now available via the “Markets” section on the Grainews, Country Guide, Canadian Cattlemen, Alberta Farmer and Manitoba Co-operator sites. You’ll be able to find them there instead of here in the Daily News feed starting next week. Chicago | Reuters — U.S. wheat rose to its highest in more […] Read more
U.S. grains: Corn falls on ample supplies, poor export demand
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures fell on Monday for a second straight session on lacklustre export demand and plentiful U.S. supplies as a record-large harvest wound down, traders said. Soybeans and wheat also declined. At the CBOT, December corn settled down 5-1/4 cents at $3.67-1/2 per bushel (all figures US$). […] Read more
U.S. grains: Soy rallies on short-covering, China rate cut
Reading Time: 2 minutes Chicago | Reuters — U.S. soybeans rallied 1.8 per cent on Friday, pushing prices into positive territory for the week as investors covered short positions and top soy importer China unexpectedly cut interest rates. Corn futures edged lower and wheat mostly higher at the Chicago Board of Trade in a choppy and volatile session amid […] Read more
U.S. grains: Corn, soy rebound from two-week lows on exports
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and soybean futures jumped as much as two per cent on Thursday, rebounding from two-week lows reached in the previous session, in a rally tied to technical buying and renewed export demand for the crops. Chicago Board of Trade corn rose for the first time in five sessions, while […] Read more
U.S. grains: Corn, soybeans hit two-week lows on huge U.S. crops
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybeans tumbled to two-week lows on Wednesday, extending steep declines from the previous session as record harvests neared completion and investors took profits after recent multimonth highs. Wheat fell to a one-week low at the Chicago Board of Trade on pressure from technical selling and weak export demand. […] Read more
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