Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures rose nearly 4 percent on Friday and bounced back from multi-month lows a day earlier, buoyed by short-covering and indications that U.S. wheat was becoming more competitive globally, analysts said. Corn futures rose, rebounding from Thursday’s two-week low, and soybeans rallied from a one-month low. Chicago Board of […] Read more
U.S. grains: Wheat jumps as Egypt eyes U.S. supplies, funds cover shorts
U.S. grains: Wheat sags as weak exports, firm dollar prompt fund selling
Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures fell more than 2 percent on Thursday, with the benchmark December contract on the Chicago Board of Trade hitting its lowest in nine months, as sluggish export demand and a strong dollar prompted fund liquidation, analysts said. Corn and soybean futures also sank on poor weekly U.S. export […] Read more
U.S. grains: Wheat drops below $5/bu on export fears, strong dollar
Wheat hit by upward revisions to Russian supply
Reading Time: 2 minutes Chicago |Reuters – U.S. wheat futures fell nearly 2 percent on Wednesday and dropped below $5 a bushel for the first time in nearly six weeks as analysts cited technical selling mixed with worries about U.S. export prospects. Soybeans and corn followed the weak trend, as active harvest progress in the Midwest fed the bearish […] Read more
U.S. grains: Corn and wheat firm, soy weaker in largely technical trade
Reading Time: 2 minutes Chicago | Reuters – U.S. corn firmed slightly on Tuesday on light technical buying and a lack of farmer hedging as farmers kept busy harvesting crops, analysts said. However, expectations of large U.S. harvests and a lack of fresh supportive news kept a lid on gains. Wheat futures also rose, with the benchmark Chicago Board […] Read more
U.S. grains: Corn, soy edge higher on U.S. weather jitters
Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures inched higher on Monday, snapping a four-session slide, as forecasts for rains to re-emerge in the Midwest next week raised concerns about harvest delays and crop quality, analysts said. Soybeans ended narrowly higher while wheat futures sagged in subdued trade, pressured by a firm dollar and weak export […] Read more
U.S. grains: Soybeans hit one-week low on export woes
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to a one-week low on Friday and recorded a second straight weekly decline, pressured by fresh cancellations of U.S. soybean sales, traders said. Corn futures fell for a fourth straight session and also notched a weekly drop, while wheat futures firmed after a three-session slide. Chicago Board […] Read more
U.S. grains: Soybeans down as exports disappoint, weather improves
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell more than two per cent on Thursday, with the benchmark November contract recording its largest single-day decline since August, on disappointing weekly export sales and improving U.S. harvest weather, analysts said. Corn and wheat followed the weak tone. Chicago Board of Trade November soybeans futures settled down […] Read more
CBOT weekly outlook: Soybeans trend higher, with meal
Reading Time: < 1 minute CNS Canada –– Soybean and corn futures at the Chicago Board of Trade both saw some strength over the past week, and could see some additional upside, according to an analyst. Harvest delays due to poor weather and speculative short-covering accounted for some of the recent strength in the futures, according to Sean Lusk, director […] Read more
U.S. grains: Soybeans firm on fund-driven buying
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures firmed modestly on Wednesday in largely technical trade along with fund-driven buying and strength in allied soymeal futures, analysts said. Corn futures declined and wheat fell on technical selling. Chicago Board of Trade (CBOT) November soybean futures settled up one cent at $8.85-3/4 per bushel but stayed below […] Read more
U.S. grains: Soy, corn retreat from highs on improving weather
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures fell on Tuesday on improving harvest weather in the Midwest crop belt and some profit-taking a day after both commodities neared two-month highs, traders said. Wheat followed the weak trend after a choppy session. Chicago Board of Trade November soybeans settled down 6-3/4 cents at $8.84-3/4 […] Read more
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