Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Tuesday, bouncing back from a sharp decline in a round of bargain buying after prices sank in the previous session to their lowest since Nov. 8, traders said. Wheat futures were mixed with short-covering boosting the most-active soft red winter wheat contracts after prices traded near […] Read more
U.S. grains: Bargain buying boosts soy futures
U.S. grains: Soy drops as trade concerns rise
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell 2.1 per cent on Monday, hitting their lowest since Nov. 8, as a lack of consensus at a meeting of Asia-Pacific leaders cooled hopes of Washington and Beijing resolving a trade dispute that has disrupted U.S. soybean exports to China. Wheat prices also fell sharply, shedding 1.7 […] Read more
U.S. grains: Soybeans up after Trump comments on China, trade
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures ended higher on Friday after rebounding on President Donald Trump’s comments that his administration may not have to impose further tariffs on China, the world’s biggest soybean buyer. Wheat added to early advances and corn pared losses after the comments. Trump has imposed tariffs on $250 billion of […] Read more
CBOT weekly outlook: Rangebound soy, corn look for fresh news
Reading Time: 2 minutes CNS Canada — With Midwestern harvest operations nearing completion for the year, rangebound U.S. grain and oilseed markets are looking for fresh news to provide direction. Soybean, corn and wheat futures all remain stuck in relatively sideways trading patterns and “the only thing that will change that is an adverse situation in South American weather, […] Read more
U.S. grains: Soybeans end firm as hopes build for China talks
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures firmed on Thursday, supported by renewed optimism that the U.S. and China, the world’s largest soybean buyer, will resume trade talks. Chicago Board of Trade January soybeans settled up 5-1/4 cents at $8.88-3/4 per bushel after reaching $8.97-1/2, the contract’s highest since Nov. 2 (all figures US$). CBOT […] Read more
U.S. grains: Soybeans higher on slow harvest pace
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Wednesday on a slower-than-expected harvest pace and news of fresh export sales, although plentiful global supplies kept a lid on the market, analysts said. Wheat futures fell on sluggish export demand while corn futures ended narrowly mixed. Chicago Board of Trade January soybean futures settled up […] Read more
U.S. grains: Corn, wheat follow broad commodities weakness
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell more than one per cent on Tuesday, following broad declines in commodities led by sagging crude oil futures, analysts said. Wheat futures fell about two per cent, retreating after Monday’s short-covering rally, and soybeans were also lower. Chicago Board of Trade December corn settled down 4-3/4 cents […] Read more
U.S. grains: Wheat climbs on short-covering, export optimism
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures jumped more than three per cent on Monday on fund-driven short-covering coupled with expectations of a pick-up in export business, analysts said. Corn futures followed wheat higher while soybeans declined on forecasts for rising U.S. soy inventories. Chicago Board of Trade December (CBOT) soft red winter wheat futures […] Read more
U.S. grains: Wheat falls on sluggish U.S. export pace; soybeans turn up
Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures fell to a one-week low on Friday on concerns about export demand and a strengthening dollar, analysts said. Corn followed wheat lower on technical selling, but soybeans turned higher on firming U.S. cash markets as well as optimism about U.S.-China talks later this month. Chicago Board of Trade […] Read more
CBOT soybeans recover after dismal USDA data
Reading Time: 2 minutes CNS Canada – The latest United States Department of Agriculture (USDA) reports surprised traders leading to an immediate sell-off for Chicago Board of Trade (CBOT) soybean contracts. “It’s a pretty interesting report to tell you the truth, but really the focus has been on the beans,” said Jack Scoville of Price Futures Group in Chicago, […] Read more
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