Reading Time: 2 minutes Chicago/Reuters – Chicago soybean futures rose for a second session on Monday, touching a three-week high on short-covering, and as a weaker U.S. dollar raised hopes for fresh export sales. Corn futures edged higher on support from fund short-covering and worries over a slow start to spring planting, while wheat declined on abundant stocks. The […] Read more
U.S. grains: Soybeans rise on dollar weakness, short-covering
U.S. grains: Corn, wheat fall but close above session lows
Reading Time: 2 minutes Chicago/Reuters – U.S. wheat futures fell on Friday, with key contracts hitting all-time lows as the outlook for Canadian plantings topped expectations and threatened to add to the already abundant global stockpile, traders said. Corn futures also eased, dipping to their lowest since late December, on expectations of improving weather for planting in the U.S. […] Read more
U.S. grains: Wheat falls sharply, taking corn, soybeans lower
Reading Time: 2 minutes Chicago/Reuters – Chicago Board of Trade wheat futures dropped 3.1 percent to their lowest in nearly four months on Thursday, with investors beating back an overnight rally attempt amid plentiful global supplies. Wheat closed near session lows as the dollar rebounded into positive territory late in the trading day. A firm dollar makes U.S. wheat […] Read more
CBOT weekly outlook: Corn, soy tied to technicals amid large supplies
Reading Time: 2 minutes CNS Canada –– Corn and soybean markets look to be rangebound over the next three weeks as U.S. farmers try to get their crops planted, according to a market-watcher. “We’re slightly behind but that can be made up quickly with the equipment we have,” said Scott Capinegro, president of Barrington Commodity Brokers in Barrington, Illinois. […] Read more
U.S. grains: Soy futures edge higher
Reading Time: 2 minutes Chicago/Reuters – U.S. soybean futures firmed on Wednesday, posting a mild recovery from two days of losses after holding technical support above the one-year lows hit last week. Corn futures ended flat, while wheat weakened as plentiful world stocks suppressed an early rally attempt. Traders said the market was assessing the chances for drier spells […] Read more
U.S. grains: Soybeans, corn drop as wheat edges higher
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Tuesday for the second day in a row, hitting a one-week low as traders locked in profits from last week’s rally. Corn futures sank 1.4 per cent, as the latest weather outlook called for dry conditions in the Midwest that will allow farmers to pick up […] Read more
U.S. grains: Wheat leads grains lower on U.S. rains
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell on Monday as rains and mild temperatures in key growing areas of the U.S. Midwest and Plains bolstered expectations for harvest, traders said. The most-actively traded Chicago Board of Trade soft red winter wheat contract sank two per cent and hit a 10-day low. K.C. hard red […] Read more
U.S. grains: Soy rebounds as spotlight turns to U.S. planting
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures hit a near two-week high on Thursday on bargain buying after the front contract this week fell to its lowest level in a year, and as traders shifted their attention to U.S. planting prospects. Corn also rose as investors covered short positions ahead of a long holiday weekend, […] Read more
U.S. grains: Soy rebounds from one-year low
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose nearly one per cent on Wednesday on bargain buying and short-covering, one day after a U.S. government forecast for record global soy inventories pushed the front contract to its lowest level in a year. Corn futures advanced as traders focused on uncertain planting weather in the U.S. […] Read more
CBOT weekly outlook: Soybeans, corn watching weather
Reading Time: 2 minutes CNS Canada — Soybean futures at the Chicago Board of Trade fell to their lowest levels of the past year on Tuesday, but bounced off of those lows as new-crop uncertainty and chart-based buying provided support. The U.S. Department of Agriculture forecast larger-than-expected world and U.S. soybean ending stocks in its monthly supply/demand report, which […] Read more
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