Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures stabilized on Thursday after a decline swept them to their lowest prices in nearly a month. Fundamental news about supplies and demand was scarce, leading to a trading session mostly driven by technical factors, analysts said. “We need some sort of news, especially some bullish news, […] Read more
U.S. grains: Soy, corn stabilize after falling to one-month lows
U.S. grains: Soy, corn, wheat near one-month lows
Reading Time: 2 minutes Chicago | Reuters — U.S. corn, soybean and wheat futures approached one-month lows on Wednesday on worries over export demand and increasing competition for global sales. Traders were disappointed that there were no signs of additional sales of U.S. soybeans to China, the world’s top importer of the oilseed, or of corn. China bought U.S. […] Read more
U.S. grains: Soy falls as traders wait for more sales to China
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures neared a one-month low on Monday as traders watched and waited for China to make further purchases after re-entering the market recently as trade tensions eased. Corn futures also came under pressure from disappointment over a lack of demand from China, traders said. China bought U.S. soybeans on […] Read more
U.S. grains: Wheat drops as Russia lessens export curb fears
Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures fell nearly two per cent on Friday after Russia raised its grain export forecast and dampened speculation that tight supplies would prompt curbs on overseas shipments from the world’s biggest wheat supplier. Soybeans dropped to a three-week low as favourable weather boosted crop prospects in South America, overshadowing […] Read more
U.S. grains: Soy down as supplies outweigh China demand
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to three-week lows on Thursday as improving crop prospects in South America overshadowed renewed Chinese demand for U.S. shipments. Corn futures also fell to the lowest in three weeks on concerns about demand from ethanol producers and as forecasts for rain in dry areas of Brazil’s corn […] Read more
U.S. grains: Soybeans drop as export sales to China disappoint
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped to two-week lows on Wednesday as renewed export sales to China following a trade war truce between Washington and Beijing fell short of expectations. Corn futures also declined on a slowdown in production of corn-based ethanol, while wheat dropped nearly two per cent in light trading, pressured […] Read more
CBOT weekly outlook: Higher prices don’t jibe with corn, soy production
Reading Time: 2 minutes CNS Canada — Trade is starting to slow down for the holiday season at the Chicago Board of Trade, which has corn and soybean traders looking at the larger picture. Scott Capinegro, a broker with Barrington Commodities at Barrington, Ill., believes prices for corn and soybeans are currently too high. “(The world) continues to plant, […] Read more
U.S. grains: Soybeans rise as China buys more U.S. shipments
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose for a second straight session on Tuesday as Chinese importers booked U.S. shipments in the second wave of purchases since striking a trade war truce with Washington earlier this month. Corn also firmed as traders anticipated import purchases by China as part of the detente, which included […] Read more
U.S. grains: Soybeans firm on hopes for more sales to China
Reading Time: 2 minutes Reuters — U.S. soybean futures firmed on Monday after two sessions of declines as traders anticipated more purchases by China after the world’s top soy importer last week booked its first U.S. shipments in six months. Wheat futures climbed, supported by a weaker U.S. dollar and rising wheat prices in top exporter Russia. Corn prices […] Read more
U.S. grains: Soybeans down again, corn ends higher
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Friday for a second session as traders reacted to smaller-than-expected purchases this week by China coupled with ballooning global supplies, traders said. Corn futures firmed on prospects for China to start buying U.S. supplies of the yellow grain, while wheat declined, consolidating a day after reaching […] Read more
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