Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade (CBOT) grain futures see-sawed on Tuesday, as technical trading left wheat prices flat, soybeans down and corn still stubbornly range-bound. CBOT corn futures ended the day on a positive note, but hopes of a significant price rally were quashed by conflicting cues that have left traders uneasy […] Read more
U.S. grains: Corn futures inch up as grains face choppy trading day
U.S. grains: Futures drop as hopes of Chinese buying spree fizzle
Reading Time: 2 minutes Chicago | Reuters – Chicago corn and soybean futures dropped sharply on Monday as hopes of Chinese buying fizzled and forecasts of cooler weather in the U.S. Midwest eased concerns about crop yield losses. Wheat prices also were lower, pressured by bigger European yields, traders said. September corn futures on the Chicago Board Of Trade […] Read more
U.S. grains: Corn, soy gain as market wrestles with export, crop prospects
Reading Time: 2 minutes Chicago | Reuters — Chicago corn and soybean futures settled up on Friday as investors weighed trade talks between the United States and China and expected cooler U.S. weather against uncertainty over acreage levels following a rain-soaked spring. Some analysts said there may be some technical buying pushing up futures, especially soybeans. They also looked […] Read more
U.S. grains: Soy falls on cooler weather, China cancellation
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures settled down following a choppy day of trading on Thursday, after hitting the lowest level in more than a week on forecasts for cooler weather and export data showing China had canceled soy purchases for the first time since April. U.S. Agriculture Department data showed the world’s top […] Read more
CBOT weekly outlook: Market stuck in range until acreage report
Reading Time: < 1 minute MarketsFarm — Until the U.S. Department of Agriculture issues its next acreage report, expect the Chicago Board of Trade to remain stuck within a range, a trader said. “Until the August report and the USDA verifies the plenty of preventative planting acres, and if August happens to be hot and dry side, I can expect […] Read more
U.S. grains: Wheat, soybeans slightly lower after midday rise
Reading Time: < 1 minute Chicago | Reuters — Chicago wheat and soybean futures settled slightly lower on Wednesday as forecasts for cooler weather lifted expectations for better crop conditions after this week’s hot spell, though corn edged higher. Markets had been falling since Monday’s U.S. Department of Agriculture (USDA) weekly crop progress report, which showed conditions for soy and […] Read more
U.S. grains: Corn, soy slip on rains, crop ratings
Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures extended losses on Tuesday as crops in the U.S. Midwest were poised to benefit from rains, traders said. Technical selling and better-than-expected U.S. Department of Agriculture crop condition ratings added pressure on prices. Showers in parts of the Midwest and Mississippi Delta temporarily eased concerns about […] Read more
U.S. grains: Corn pulls back from five-year high
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade grain futures settled down on Monday after corn touched a five-year high and soybeans reached a one-year peak, as forecasts for rain in U.S. crop-growing areas eased concerns about hot, dry weather. A recent warm, dry spell had fueled worries that corn could be damaged during crucial […] Read more
U.S. grains: Corn tops three-week high on heat wave
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures exceeded a three-week high on Friday and soybeans advanced as forecasts for a heat wave fuelled concerns about potential damage to crops growing in farmers’ fields. Traders focused on worries about hot, dry conditions after heavy rains and flooding caused unprecedented delays in corn planting this spring. The […] Read more
U.S. grains: Wheat hits one-week top after USDA report
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures climbed to their highest in more than a week after the U.S. Department of Agriculture (USDA) lowered its forecast of global wheat production in a monthly supply and demand report on Thursday. Corn and soybeans followed the firm trend in wheat. Chicago Board of Trade September wheat settled […] Read more
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