Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures rose to their highest prices in almost nine years on Monday amid a flurry of deals in the global export market. Spillover strength from the rally helped lift CBOT corn futures against the backdrop of tightening world wheat supplies, traders said. Saudi Arabia’s main state […] Read more
U.S. grains: CBOT wheat nears 9-year high, buoyed by strong demand
U.S. grains: Corn, soy futures rise on harvest setbacks; wheat mixed
Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures rose for the fourth day in a row on Friday, hitting a 2-1/2-month peak as harvest slowdowns across the Midwest left end users scrambling for supplies, traders said. “We are still trying to get high enough to entice some producer movement that is a little bit bigger,” said […] Read more
U.S. grains: Wheat hits multi-year highs, pull corn higher; soy weak
Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures rallied on Thursday to multi-year highs, with gains fueled by concerns about tight global supplies and strong export demand. Winter wheat futures were supported by concerns about the crop conditions and rainy weather in the eastern U.S. Midwest that may have prevented farmers from seeding as much acreage […] Read more
U.S. grains: Corn futures rally; pull soybean, wheat prices higher
Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures on Wednesday rallied 2.5 percent to their highest level in more than two months, supported by signs of robust ethanol production that bolstered demand for the yellow grain, traders said. The strength in corn spilled over into the soybean and wheat markets. “You had humongous ethanol numbers,” said […] Read more
U.S. grains: Corn, soy firm as harvest slows; wheat falls on profit taking
Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures rose to their highest in more than three weeks on Tuesday after heavy rains across broad swaths of the U.S. Midwest stalled harvest, traders said. The harvest slowdowns also supported the soybean market. “Even if we get a break in the rains for one to two days, that […] Read more
U.S. grains: Wheat surges on supply concerns, as soybeans firm on vegetable oils
Reading Time: 2 minutes Chicago | Reuters – Chicago wheat futures surged to a two-month high on Monday, as heavy world demand and worries about the global availability of high-protein wheat extended market gains. Soybeans were also firm, helped by renewed strength in the energy and vegetable oil markets. The most-active soft red winter wheat contract on the Chicago […] Read more
U.S. grains: Wheat rises to 8-1/2-year highs on world supply worries
Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures climbed to 8-1/2-year highs on Friday and European wheat futures extended gains, led by fresh contract highs in Paris, after steep cuts to world stockpiles in a U.S. government report fuelled supply worries, analysts said. Soybean futures rose on fears of tightening global vegetable oil supplies, but corn […] Read more
U.S. grains: CBOT wheat hits three-month high as U.S. cuts global crop
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures climbed to a three-month high on Thursday after the U.S. Department of Agriculture slashed production estimates in exporting countries. Corn futures set a one-month high on a smaller-than-expected U.S. yield forecast in a USDA crop report that fueled concerns about tightening global grain supplies due to harsh […] Read more
U.S. grains: CBOT wheat stabilizes after rally as traders await U.S. crop data
Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures stabilized on Wednesday as traders adjusted positions ahead of a U.S. government crop report, a day after prices jumped on concerns about tightening global inventories. The U.S. Department of Agriculture is set to issue an update on global grain supplies and demand in a monthly report on […] Read more
U.S. grains: Wheat higher on global supply fears; soybeans climb, corn eases
Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures rose more than 2 percent on Tuesday as European wheat markets climbed on concern about tightening global supplies, traders said. Soybean futures firmed on renewed export demand for U.S. supplies while corn ended modestly lower, pressured by better-than-expected weekly U.S. crop condition ratings. Chicago Board of Trade September […] Read more
A message from April Stewart, Country Guide's Associate Editor
