Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures closed higher Tuesday on a technical bounce a day after the spot July contract neared a two-week low, and on worries about dry weather in the Black Sea crop region, analysts said. Corn also advanced, rebounding from a two-month low, while soybeans closed mixed as nearby contracts lost […] Read more
U.S. grains: Wheat, corn climb on bargain-buying
U.S. grains: Corn, soy slide on crop weather, trade jitters
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to a two-month low on Monday as favourable U.S. crop weather and worries about trade disputes triggered fund-driven long liquidation, analysts said. Soybeans and wheat followed the weak trend that spread across commodity markets. Chicago Board of Trade July corn settled down 10-3/4 cents at $3.80-3/4 per […] Read more
U.S. grains: Corn sags on long liquidation, favourable crop conditions
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell on Friday on technical selling including fund-driven long liquidation along with strong crop prospects amid mostly favourable weather in the U.S. Midwest, analysts said. Wheat futures also declined as the U.S. winter wheat harvest began while soybeans closed firm as traders awaited news from U.S.-China trade talks […] Read more
U.S. grains: Soybeans turn lower on trade tensions
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures ended lower on Thursday on worries about global trade tensions threatening exports, analysts said, while wheat and corn firmed on bargain-buying and ideas of tightening global supplies. Chicago Board of Trade July soybeans settled down 4-1/2 cents at $10.18-1/2 per bushel (all figures US$). July wheat ended up […] Read more
U.S. grains: Wheat retreats on profit-taking, weather
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell about two per cent on Wednesday on a mix of profit-taking following 10-month highs established a day earlier and improving weather forecasts for U.S. and Canadian spring wheat regions, analysts said. Corn futures hit a one-month low and soybeans followed the weak trend. As of 12:51 p.m. […] Read more
U.S. grains: Corn, soy sag on renewed U.S.-China trade tension
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell about 1.5 per cent on Tuesday, with the front contract at times dropping below US$4 a bushel as U.S. trade tensions with China re-emerged, analysts said. Wheat turned lower after climbing to multi-month highs, and soybeans also slipped. Chicago Board of Trade July corn settled down six […] Read more
U.S. grains: Wheat rallies on dry weather fears
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures jumped more than two per cent on Friday and ended the week up nearly five per cent as worries about dry weather in key global production regions fueled short-covering and speculative buying. Soybeans advanced for the fifth time in six sessions on renewed Chinese buying of U.S. export […] Read more
U.S. grains: Wheat hits 10-month high on weather, turns lower
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures eased from 10-month peaks on Thursday as profit-taking eroded early gains stemming from dry weather in the U.S. Plains and other major growing areas around the world. Soybeans slipped from three-week highs as hedge-related selling offset earlier support from signs of renewed export demand from top buyer China. […] Read more
CBOT weekly outlook: Soy poised for move higher, waiting on China
Reading Time: < 1 minute CNS Canada — Soybean contracts on the Chicago Board of Trade could be poised to rally, if and when China and the U.S. reach an agreement over trade issues. According to Terry Reilly, a senior commodity analyst with Futures International in Chicago, people are starting to get excited over rumours a deal may be close. […] Read more
U.S. grains: Soybeans climb on hopes for renewed demand from China
Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures scaled to a 2-1/2-week high on Wednesday as signs of renewed Chinese demand for U.S. exports lifted prices for a fourth straight session. Corn reached a 9-1/2 month peak on concerns about planting and early crop development due to adverse weather, while wheat extended prior-session gains as dry […] Read more
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