Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures eased on Thursday on a round of profit-taking following a rally to a nine-month high, with forecasts for improved planting weather in key growing areas also weighing on prices, traders said. “The central and southern Midwest and Delta should finally see an extended stretch of drier weather, lasting […] Read more
U.S. grains: Corn, wheat futures back away from peaks
CBOT weekly outlook: Traders flee stocks for commodities
Reading Time: 2 minutes CNS Canada — Traders shifted attention to Chicago Board of Trade (CBOT) corn and soybean markets in the wake of a drop in Wall Street stocks, causing a commodities rally Wednesday. Wall Street was dragged down Tuesday by U.S. bond yields, which hit the three per cent mark for the first time in four years. […] Read more
U.S. grains: Corn hits nine-month high
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rallied to a nine-month peak and wheat rose to its highest in nearly seven weeks on Wednesday, supported by a round of short-covering amid persistent concerns about adverse weather curtailing harvest expectations for both grains, traders said. Soybean futures also were firm, with U.S. President Donald Trump’s announcement […] Read more
U.S. grains: Wheat, soy, corn rebound after early drops
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rallied on Tuesday, surging 2.4 per cent on a bargain buying rebound after falling to their lowest in nearly three weeks early in the session. The gains in wheat spilled over into the corn market and soybean futures also rose, snapping a four session losing streak. But strength […] Read more
U.S. grains: CBOT soybeans extend losing streak
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell for a third straight session on Monday, with concerns about demand from China in focus amid a lack of fresh deals with the top global buyer of the oilseed, traders said. Wheat futures were mixed, with Chicago Board of Trade soft red winter wheat contracts retreating from […] Read more
U.S. grains: Wheat, corn, soy fall on weather outlook
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat, corn and soybean futures fell on Friday, with forecasts for beneficial crop weather across key growing areas sparking a round of fund liquidation ahead of the weekend, trader said. Wheat led the declines with the front-month Chicago Board of Trade soft red winter wheat contract sagging 2.8 per cent. […] Read more
U.S. grains: Export concerns pressure soy
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures fell to their lowest in nearly two weeks on Thursday on worries about declining demand from top importer China, traders said. Wheat futures firmed to their highest since April 10, their third straight day of gains, while corn eased for the fourth time in five […] Read more
U.S. grains: Wheat rallies to one-week top, pulls corn higher
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Wednesday, with the benchmark Chicago Board of Trade soft red winter wheat contract gaining 1.9 per cent and hitting a one-week high on concerns that rains forecast for the U.S. Plains will not meet earlier expectations. “The forecast for the rain in the southern Plains has […] Read more
U.S. grains: Corn futures drop despite slow planting pace
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures fell to their lowest in nearly two weeks on Tuesday, their third straight day of declines, as traders shrugged off concerns about cold weather causing planting delays in the U.S. Midwest. “You plant more in the month of May than in the month of April, […] Read more
U.S. grains: Wheat futures drop as weather improves
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell to their lowest in 10 days on Monday, led by a 3.4 per cent drop in K.C. hard red winter wheat prices, on forecasts for rain in key growing areas that will provide relief to a drought-stressed crop, traders said. “Wheat prices are lower, with longs running […] Read more
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