Reading Time: 2 minutes CNS Canada — As traders count down the hours to the U.S. Department of Agriculture’s prospective plantings report on Friday, a small camp is closely watching a weather situation in the U.S. South. Showers and thunderstorms have moved across much of the U.S. southern Plains and are expected to move into the U.S. Midwest soon. […] Read more
CBOT weekly outlook: Corn, soy brace for ‘volatile’ report
U.S. grains: Soy weakens, corn gains ahead of USDA report
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures closed lower on Wednesday, while corn and wheat prices edged higher as investors squared positions ahead of U.S. Department of Agriculture plantings and grain stocks data on Friday, traders and analysts said. Soybean futures fell to the lowest levels since October and corn and wheat each held above […] Read more
U.S. grains: Wheat rebounds after 2-1/2-month lows
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat prices climbed on Tuesday in a light rebound from multi-month lows set on Monday, although forecasts for much-needed rains in the Plains wheat belt kept a lid on gains, analysts said. Corn firmed and soybeans edged higher after a choppy session as traders adjusted positions ahead of a pair […] Read more
U.S. grains: Wheat, corn, soy fall to fresh 2017 lows
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat, corn and soybean futures fell to their lowest this year on Monday, pressured by abundant global grain and oilseed supplies and outlooks for crop-friendly rain in the southern Plains wheat belt, traders said. Wheat futures led the way down. K.C. hard red winter wheat futures, which reflect the variety […] Read more
U.S. grains: CBOT soybeans, corn fall
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped 1.6 per cent on Friday to their lowest level in more than five months on pressure from rising forecasts for already-robust South American harvests, traders said. Corn futures also weakened, hitting their lowest level since Jan. 13. Chicago Board of Trade soft red winter wheat rose on […] Read more
U.S. grains: Soy, corn sink to new lows on plentiful supplies
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to a five-month low on Thursday and corn dropped to a 2-1/2 month low, pressured by plentiful global supplies amid bumper South American crops and expectations for large plantings in the U.S. The actively traded May-delivery contracts for both commodities hit their lowest levels of 2017. “The […] Read more
CBOT weekly outlook: Soy, corn await USDA reports
Reading Time: < 1 minute CNS Canada — Soybean and corn contracts at the Chicago Board of Trade find themselves in consolidation mode as traders await the release a pair of key U.S. reports on March 31. The U.S. Department of Agriculture’s first survey-based acreage estimates of the year will be released that day, while quarterly stocks data are also […] Read more
U.S. grains: Crop prospects drag on soybeans
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures weakened on Wednesday, with prospects for bumper harvests in South America and record U.S. plantings weighing on the beaten-down market, traders said. Corn and wheat futures also closed in negative territory. Both grains have fallen for three days in a row. The outlook for rain in the U.S. […] Read more
U.S. grains: Wheat, corn fall to multi-week lows
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures dropped to their lowest level in more than six weeks on Tuesday, their second straight day of declines, as weather forecasts bolstered expectations for strong yields adding to already-abundant supplies in the coming weeks, traders said. Corn futures also fell, hitting their lowest since Feb. 1, on pressure […] Read more
U.S. grains: Wheat drops on outlook for Plains rains
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell on Monday, led lower by a 1.9 per cent drop in K.C. hard red winter wheat amid forecasts for improving weather for crop development in key U.S. growing areas. “The U.S. Plains were dry over the weekend, but the next precip(itation) chance is on the way later […] Read more
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