Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures surged nearly three per cent on Tuesday on technical buying and crop production concerns due to dry weather in the U.S. Plains wheat belt and other major production areas around the globe. Corn futures advanced on spillover support from wheat, while soybeans advanced on follow-through buying from Monday’s […] Read more
U.S. grains: Wheat rallies on Plains dryness, technical buying
U.S. grains: Soybeans surge on U.S.-China trade truce
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures jumped more than two per cent on Monday after Washington and Beijing agreed to drop tariff threats, easing fears that demand for U.S. shipments to top importer China could slow. Corn prices were little changed, while wheat dropped on crop-boosting rains in the U.S. Plains wheat belt and […] Read more
U.S. grains: Wheat futures jump
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rallied on Friday, with the benchmark Chicago Board of Trade soft red winter wheat contract surging 4.1 per cent on forecasts for dry conditions that could further stress an already damaged crop. The weather outlook also threatened to slow planting progress in the U.S. Midwest, which was supportive […] Read more
U.S. grains: Wheat up for third day in a row
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Thursday, their third straight day of gains, on worries that adverse weather will lead to crop shortfalls in key growing areas around the world, traders said. Soybean futures fell, pressured by fresh concerns about exports. Corn futures closed lower on long liquidation by funds after failing […] Read more
CBOT weekly outlook: Corn, soy sinking below major support
Reading Time: 2 minutes CNS Canada — Corn and soybean futures on the Chicago Board of Trade softened in value during the week ended Wednesday and could be set to drop even more as growing conditions improve in the U.S. Rainy conditions across the U.S. Midwest and Plains have pressured prices in recent days. The July corn contract sunk […] Read more
U.S. grains: Soybean, corn futures fall
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell 1.9 per cent on Wednesday, dropping below US$10 a bushel for the first time since April 4, on renewed fears about a trade dispute chilling demand from China, the world’s top buyer of the oilseed. Wheat futures ticked higher on short-covering, recovering from a three-week low hit […] Read more
U.S. grains: Corn, soy, wheat end higher after choppy trade
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose on Tuesday, supported by concerns that rains in the U.S. Midwest will stall the tail end of planting, traders said. Chicago Board of Trade wheat futures firmed, snapping a four-session losing streak on short-covering and bargain buying. Soybean futures also closed firm after trading in negative territory […] Read more
U.S. grains: Soy futures rise as trade fears ease
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures rose 1.5 per cent on Monday, bouncing back from their lowest in more than five weeks on a round of technical buying and signs that Chinese demand for export supplies was picking up, traders said. Wheat futures dropped, their fourth straight losing session, falling through […] Read more
U.S. grains: Soybeans to one-month low on technicals, trade worries
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to their lowest level in a month on Friday on a mix of technical selling ahead of the weekend and uncertainty about how trade disputes would affect exports, analysts said. Wheat and corn also fell, pressured by long liquidation and bearish data in Thursday’s supply/demand reports from […] Read more
U.S. grains: Wheat slips on bearish USDA crop forecast
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures fell to a near two-week low on Thursday after the U.S. Department of Agriculture’s first official estimate of the 2018-19 U.S. wheat harvest came in above trade expectations. Soybean futures rose, while corn followed wheat lower. CBOT July wheat settled down four cents at $5.06-1/2 […] Read more
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