Reading Time: 2 minutes New York | Reuters — U.S. wheat futures inched lower on Tuesday as investors took profits after prices hit a one-month high on U.S. export optimism and adverse weather in the United States that threatened to delay sowing. Soybean and corn futures fell on technical selling. Chicago Board of Trade May wheat dropped 1/4 cent […] Read more
U.S. grains: Wheat edges lower on profit-taking
U.S. grains: Wheat rises on short-covering, planting worries
Reading Time: 2 minutes New York | Reuters — U.S. wheat futures gained on Monday, lifted by short-covering and technical buying, as well as concerns about North American production as weather in the Midwest threatened to delay planting. Corn prices also rose, extending gains into a fourth session, while soybean futures firmed. The May wheat futures contract on the […] Read more
U.S. grains: Corn up on China buying, flood worries
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose to a 3-1/2-week high on Friday as China booked its largest purchase of the grain in more than five years and as flooding in the western U.S. Midwest raised concerns over spring planting. Technical selling and profit-taking later pulled corn from the highs, although the market closed […] Read more
U.S. grains: Corn rises as Midwest floods fuel planting concerns
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures jumped more than one per cent on Thursday to their highest level in 2-1/2 weeks as concerns about delayed planting in the western U.S. Midwest sparked buying and fund short-covering. Soybeans followed corn higher, although gains were restrained by lower-than-expected weekly export sales data and concerns about trade […] Read more
CBOT weekly outlook: African swine fever paralyzes futures
Reading Time: 2 minutes MarketsFarm — Ahead of the U.S. Department of Agriculture’s next crop report due out March 29, market experts are looking to headlines for direction in the Chicago futures. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin return to China next week, with the goal of hammering out a trade deal in weeks to […] Read more
U.S. grains: Wheat ends higher on weather worries
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose nearly two per cent on Wednesday on poor weather in the Midwest soft winter wheat belt and the northern Plains spring wheat region, traders said. Soybean and corn futures closed modestly higher. Chicago Board of Trade May soft red winter wheat settled up 8-1/4 cents at $4.64-3/4 […] Read more
U.S. grains: Corn, wheat drift lower on weak export demand
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures closed nearly unchanged on Tuesday, with commodity funds reluctant to add to a heavy net short position despite pressure from slowing export demand for U.S. grains, analysts said. Soybean futures declined as traders awaited news from ongoing U.S. trade negotiations with China, the world’s top soybean […] Read more
U.S. grains: Corn down on disappointing export data
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell on Monday, halting a four-session rebound from contract lows set last week, as traders worried about export prospects for U.S. grains, analysts said. Soybeans and wheat futures also declined. Chicago Board of Trade (CBOT) May corn settled down 1-3/4 cents at $3.71-1/2 per bushel (all figures US$). […] Read more
U.S. grains: Corn, soy, wheat close strong
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose 1.7 per cent on Friday as traders unwound bearish bets they placed on the grain when the market spiraled to a 14-month low earlier this week. The most-active Chicago Board of Trade soft red winter wheat contract hit its highest since March 6 as investment funds were […] Read more
U.S. grains: CBOT wheat rallies on short-covering
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures rallied on Thursday for the second time in three days, hitting their highest in more than a week as investors scrambled to unwind short positions, traders said. The short squeeze came as the winter wheat crop in the U.S. has been breaking dormancy. “I think […] Read more
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