Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures closed slightly higher on Friday, as their recent rally from multi-week lows ran out of steam in the absence of fresh fundamental news, traders said. Soybeans weakened, their ninth decline in 10 sessions as the market remained anchored by expectations of a record crop in Brazil. […] Read more
U.S. grains: Corn, wheat futures firm
U.S. grains: Corn climbs on export demand, technical rebound
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures on Thursday climbed on better-than-expected weekly export sales data and bargain buying after the May contract hit a two-month low this week, analysts said. Soybeans also rebounded after lows set this week, while wheat finished flat. Chicago Board of Trade May corn settled up 2-1/2 cents at $3.66 […] Read more
U.S. grains: Soy drops for eighth straight session
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell for the eighth session in a row on Wednesday, retreating after posting early gains when a report showed that processors crushed fewer beans than expected in February. Wheat and corn futures closed firm, with both grains supported by hopes that recent price declines have made U.S. supplies […] Read more
CBOT weekly outlook: Soy, corn set to move sideways to lower
Reading Time: 2 minutes CNS Canada — As South American supplies put pressure on corn and soybean futures at the Chicago Board of Trade, investors are watching key technical levels in both markets. Soybeans — Soybean values at the Chicago Board of Trade (CBOT) are likely to trend sideways to lower, said Terry Reilly, senior commodity analyst at Futures […] Read more
U.S. grains: Soy drops below $10 on rising supplies
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures declined on Tuesday for a seventh straight session, dropping below US$10 a bushel as hefty South American harvests threatened U.S. soy export prospects, traders said. Corn firmed, snapping a six-session slide on news of U.S. corn sales to China, while wheat was little changed after […] Read more
U.S. grains: Wheat falls on rain prospects for Plains
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell more than two per cent on Monday on improving weather forecasts for the southern Plains winter wheat belt, analysts said. Corn followed wheat down and nearby soybean futures closed fractionally lower after a choppy session. Chicago Board of Trade May wheat settled down 10 cents at $4.30-1/2 […] Read more
U.S. grains: Soybeans extend slide on Brazil crop outlook
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures fell to a two-month low on Friday as the ongoing harvest of a projected record-large Brazilian soy crop threatened U.S. export prospects, traders said. Corn and wheat followed the weak trend, despite a setback in the U.S. dollar. CBOT May soybean futures settled down 4-1/2 […] Read more
U.S. grains: Soybeans hit two-month low on huge Brazil crop
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures hit a two-month low on Thursday, pressured by rising government forecasts for a record-large Brazilian soy harvest, traders said. Corn futures also declined on forecasts for big South American crops, and wheat followed the weak trend. The Chicago Board of Trade May soybean futures contract settled down 10-3/4 […] Read more
CBOT weekly outlook: Soybeans facing bearish headwinds
Reading Time: 2 minutes CNS Canada — All eyes in the agricultural commodity world are focused on the release of the U.S. Department of Agriculture’s next World Agriculture Supply and Demand Estimates report due out Thursday. However, unless there’s a major surprise contained within the report, it’s hard to see the bias pointed higher for soybeans, according to an […] Read more
U.S. grains: Wheat, corn, soybeans fall on plentiful supplies
Reading Time: 2 minutes Chicago | Reuters — U.S. corn, soybean and wheat futures fell on Wednesday, with plentiful global stocks and expectations of a robust harvest casting a bearish tone over the market, traders said. Wheat posted the biggest losses, falling below key technical support points as forecasts for rain in the U.S. Plains drove prices down two […] Read more
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