Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures edged higher for a third straight session on Tuesday after the U.S. Department of Agriculture confirmed more soybean purchases by China. USDA reported nearly three million tonnes of U.S. soybean export sales on Tuesday, mostly to China, after high-level talks last week between the U.S. and China ended […] Read more
U.S. grains: Soybeans firm as USDA confirms large purchases by China
U.S. grains: Soybeans firm on new China sales, shrinking Brazil crop
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures edged higher on Monday on renewed Chinese demand for U.S. shipments and worries about a smaller Brazilian soy crop, but gains were limited by abundant global supplies and an uncertain outcome to Sino-U.S. trade talks. The extended Chinese market closure for the Lunar New Year also kept prices […] Read more
U.S. grains: Soy climbs on fresh sales to China
Reading Time: 2 minutes Chicago | Reuters — The most-active U.S. soybean futures contract reached its highest level since June on Friday on news of fresh U.S. soy sales to China, but the market pared gains as traders considered plentiful global supplies. Wheat futures rose as firming U.S. cash markets signaled a pick-up in export demand, and corn followed […] Read more
U.S. grains: Corn, soy end lower on technical selling
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell more than one per cent on Thursday on a rising estimate of Argentina’s crop and chart-based selling, analysts said, while soybeans and wheat also declined. Chicago Board of Trade (CBOT) March corn settled down 4-3/4 cents at $3.76-1/2 a bushel (all figures US$). March soybeans ended down […] Read more
CBOT weekly outlook: Soy, corn follow trade talks closely
Reading Time: 2 minutes Talks between the U.S. and China taking place in Washington this week are being followed closely by Chicago Board of Trade soybean and corn traders, with optimism over improving relations between the two countries helping prop up the futures. “The U.S./China talks will be on the top of all traders’ minds,” said Terry Reilly, of […] Read more
U.S. grains: Corn, soy, wheat firm as U.S. dollar retreats
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures rose on Wednesday in light, largely technical trade as brokers awaited news from high-level U.S.-China trade talks in Washington, analysts said. Wheat followed the firm trend, drawing late support from a downturn in the U.S. dollar after the Federal Reserve struck a cautious tone on its […] Read more
U.S. grains: Wheat nears two-week low on export worries
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell about one per cent on Tuesday to their lowest in nearly two weeks on worries about a slow pace of export business, traders said. Soybean and corn futures declined on concerns over U.S.-China trade tensions ahead of talks this week in Washington. Chicago Board of Trade March […] Read more
U.S. grains: Corn, soy, wheat end lower
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures ticked lower on Monday, pressured by broad declines in commodity and equity markets as well as improving forecasts for South American crop weather, traders said. Wheat followed the weaker trend. Chicago Board of Trade (CBOT) March corn futures settled down 1/2 cent at $3.79-3/4 per bushel […] Read more
U.S. grains: Soybeans hit two-week high
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed to a two-week high on Friday on worries about the size of Brazil’s crop and short-covering ahead of planned U.S.-China trade talks next week, traders said. Corn firmed, following strength in soybeans, while wheat drifted lower, pressured by news that a private forecaster had raised its estimate […] Read more
U.S. grains: Wheat retreats from five-week high
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat and corn futures closed lower on profit-taking and a lack of market-moving news on Thursday while soybeans firmed, buoyed by concerns about the size of Brazil’s crop. Chicago Board of Trade (CBOT) March wheat settled down 4-1/2 cents at $5.21-1/2 per bushel (all figures US$). CBOT March corn ended […] Read more
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