Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to their lowest level in nearly 14 months on Tuesday on better-than-expected weather conditions over a long holiday weekend and worries about export demand for new-crop supplies, analysts said. Corn and wheat futures declined about two per cent on improving U.S. weather outlooks. Chicago Board of Trade […] Read more
U.S. grains: Soybeans near 14-month low as weather worries recede
U.S. grains: Soy slips to 13-month low
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to a 13-month low on Friday while corn and wheat each gained more than one per cent on spreading and position squaring ahead of a three-day weekend, traders and analysts said. Some traders sold soybeans and bought corn as wet weather in the Midwestern crop belt was […] Read more
U.S. grains: Soybeans fall on oil drop
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to a 1-1/2-month low on Thursday, pressured by a sharp drop in crude oil prices, traders said. Corn futures also weakened, with investors beating down early rally attempts due to ample global supplies and signs of poor export demand. Wheat futures were mixed, with K.C. hard red […] Read more
U.S. grains: Wheat, corn firm on short covering
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures closed higher on Wednesday on light short covering, one day after the spot contract fell about one per cent on better-than-expected U.S. wheat condition ratings. Corn futures firmed while soybeans ended flat after a choppy session. Chicago Board of Trade July wheat settled up three cents at $4.32-1/2 […] Read more
CBOT weekly outlook: Corn, soy rangebound
Reading Time: < 1 minute CNS Canada –– Corn and soybean futures at the Chicago Board of Trade are expected to hold near-term ranges, as traders decide where to lay their focus amid a mix of factors. “Weather will dominate; that’s no surprise to anybody,” said Sean Lusk of Walsh Trading. That influence is likely to have a supportive effect […] Read more
U.S. grains: Corn falls on reassuring crop progress data
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell 1.5 per cent on Tuesday, halting a two-session advance as weekly U.S. planting progress data eased concerns about rain-related delays in the Midwest, analysts said. Soybean and wheat futures also declined, with wheat pressured by better-than-expected weekly U.S. condition ratings. Chicago Board of Trade July corn settled […] Read more
U.S. grains: Corn, soybeans rise after rains
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Monday morning, supported by concerns that rain will delay field work in key growing areas and may damage some recently seeded crops, traders said. “Grain futures are trying to start the week higher across the board following a soggy weekend across […] Read more
U.S. grains: Corn hits one-week high on weather worries
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose nearly two per cent on Friday and notched a one-week high as worries about cool temperatures and excessive rains in the Midwest prompted traders to cover short positions ahead of the weekend, analysts said. Soybeans firmed following Thursday’s three per cent selloff as Brazil’s currency stabilized. Wheat […] Read more
U.S. grains: Soybeans fall as Brazilian currency dives
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell more than three per cent on Thursday as a plunge in the value of Brazil’s currency encouraged Brazilian farmers to step up sales from their record-large harvest, analysts said. Corn and wheat followed soybeans lower. Chicago Board of Trade July soybean futures settled down 31 cents at […] Read more
CBOT weekly outlook: Weather concerns keep room to the upside
Reading Time: 2 minutes CNS Canada — Soybean and corn futures at the Chicago Board of Trade remain rangebound overall, though there may be room to the upside despite the generally bearish underlying fundamentals, according to an analyst. While large South American crops should weigh on both commodities, U.S. production is still very much in the air as excessive […] Read more
A message from April Stewart, Country Guide's Associate Editor
