Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures surged to three-year highs on Thursday on concerns about tightening global supplies and reduced shipments from key suppliers, but the market closed well below the peaks as major exporter Ukraine denied it would ban exports. The gains in wheat spilled over to the corn market, which also benefited […] Read more
U.S. grains: Wheat touches 3-year high on global supply concerns
U.S. grains: Soybeans fall as U.S.-China trade war fears intensify
Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures fell on Wednesday as worries that U.S. President Donald Trump could propose additional tariffs on Chinese goods knocked prices down from a six-week high touched a session earlier. Wheat futures reached a one-year high on worries about drought reducing harvests in nations that are major exporters. The losses […] Read more
CBOT weekly outlook: Corn and soy markets awaiting USDA report
Reading Time: 2 minutes CNS Canada – After a week where corn, soybean and wheat contracts climbed on the Chicago Board of Trade, traders are now awaiting the latest supply and demand report from the United States Department of Agriculture. “With the crop report (for) August, which at least over the last five years has historically leaned more bearish […] Read more
U.S. grains: Soybeans hit six-week peak on hopes for China trade talks
Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures surged 3 percent on Tuesday to 1-1/2-month highs on hopes that the United States and China would restart stalled talks to avert a damaging trade war that has already slowed U.S. soy exports. Corn and wheat climbed along with soybeans, drawing additional support from concerns about weather-reduced harvests […] Read more
U.S. grains: Wheat rallies on dimming world crop prospects
Dry U.S. Midwest conditions support corn, soybeans
Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures rallied almost 3 percent on Monday on concerns that deteriorating crops in several key producing countries will tighten global stocks of the grain. Corn scaled to a 1-1/2-month high on spillover support from wheat and as dry conditions in parts of the U.S. corn belt trimmed harvest prospects, while […] Read more
U.S. grains: Soy rises on export prospects
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Friday, notching their second straight weekly gain, bolstered by signs of strong export demand, traders said. Wheat futures were mixed, with winter wheat contracts easing while spring wheat contracts firmed amid concerns about crop shortfalls. Corn closed slightly firm after trading both sides of unchanged during […] Read more
U.S. grains: Soy, corn futures close firm
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures closed slightly firm on Thursday, supported by hopes that stepped-up exports to Europe would make up for business lost in a trade fight with China, traders said. Corn futures also settled in positive territory while wheat was mostly lower, weighed down by technical selling. Soybeans, corn and wheat […] Read more
CBOT weekly outlook: Corn, soybeans look to wheat for support
Reading Time: < 1 minute CNS Canada — Corn futures on the Chicago Board of Trade chopped around for much of the week ended July 25, but could be poised to move higher. There are ideas a trade deal between the U.S. and Mexico could be reached over some agricultural commodities such as corn, according to Jack Scoville of Price […] Read more
U.S. grains: Wheat near limit-up on yield concerns
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures surged on Wednesday, supported by concerns about crop shortfalls in key production areas around the globe, traders said. The strength in wheat lifted corn futures to their highest in more than three weeks. Corn also received support from concerns about dry conditions limiting harvest yields in parts of […] Read more
U.S. grains: Soy jumps as U.S. readies aid for farmers
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed to two-week highs on Tuesday as the Trump administration said it would provide up to US$12 billion in aid to shield U.S. farmers from economic pain stemming from trade disputes. The program will include direct payments for farmers, and those who grow soybeans are expected to be […] Read more
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