Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures fell on Tuesday, with corn tumbling 1.5 per cent to cap off its biggest three-day slump in nearly two months as investors took profits and record-large corn and soybean harvests neared completion. Chicago Board of Trade corn futures slid for the third straight session while wheat […] Read more
U.S. grains: Corn slides as record harvest nearly complete
U.S. grains: Wheat at three-month high, posts biggest weekly gain since 2012
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat rose to a three-month high on Friday and posted its biggest weekly gain in two years, buoyed by fund buying and worries about a cold spell that could harm U.S. crop prospects, traders said. Soybeans fell, led by soymeal on softening export demand, and corn sagged […] Read more
U.S. grains: Wheat hits 2-1/2 month high on cold spell
Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade wheat rose for a fourth consecutive session on Thursday, reaching a 2-1/2-month high on short-covering and worries about a cold spell in the U.S. Corn neared a four-month high and soybeans firmed, recouping some of the previous session’s losses. At the CBOT, December wheat settled up 11 […] Read more
U.S. grains: Corn, wheat firm after USDA report
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures fell one per cent on Monday after the U.S. Department of Agriculture raised its estimate of the record harvest in a monthly report and left its view of ending stocks unchanged, traders said. Corn closed higher after USDA surprised traders by lowering its estimate of […] Read more
U.S. grains: Corn, soybeans jump two per cent on demand, fund buying
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybeans surged more than two per cent on Monday, with each futures contract reversing from early losses on a short-covering rally tied to a slow harvest and strong demand for fresh supplies. The higher prices came despite favorable weather conditions for harvest in the U.S., where farmers were […] Read more
U.S. grains: Corn, soybeans slip as investors book profits
Reading Time: 2 minutes Reuters — Corn and soybeans fell on Wednesday as investors booked profits from recent gains, and with huge U.S. crops slowly coming off fields. Chicago wheat rose on technical buying. The rally was due to end, some said, after corn touched a seven-week high and soybeans notched a five-week top earlier in Wednesday’s session. Roy […] Read more
U.S. grains: Corn, wheat top one-month highs
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and wheat futures climbed on Tuesday to their highest levels in more than a month, as technical and speculative buying pushed up prices in the face of advancing U.S. harvests. Soy futures also traded higher, led by gains in soymeal. The rallies will likely be short-lived as farmers are […] Read more
U.S. grains: Soy, corn drop as harvest weather improves
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures each fell more than one per cent on Friday as clearing skies in the Midwest signaled a quicker pace in the harvest of record-large crops and increased farmer selling, traders said. Wheat closed modestly lower, retreating from a one-month high on profit-taking and spillover weakness from […] Read more
CBOT soybeans, corn watch weather
Reading Time: 2 minutes CNS Canada — Soybean futures on the Chicago Board of Trade (CBOT) were higher during the week ended Wednesday, driven upward by harvest delays over wet weather and sluggish farmer selling. “These rallies don’t make a lot of sense to me but we were due for a bit of a bounce and I think this […] Read more
U.S. grains: Corn declines on profit-taking after six-week high
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures fell on Wednesday as traders booked profits following a two-day surge, driven by U.S. harvest delays, that lifted the market to a six-week high, brokers said. Soybeans declined along with corn on profit-taking and improving weather for fieldwork. Wheat followed the lower trend, reversing early […] Read more