Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell more than two per cent on Monday, with the front contract hitting a two-week low on long liquidation and improved crop weather for South America, analysts said. Corn and wheat followed the weaker tone. Chicago Board of Trade March soybean futures settled down 26-1/2 cents at $10.22-3/4 […] Read more
U.S. grains: Soy hits two-week low on long liquidation
U.S. grains: Wheat sets two-week low on supplies, trade jitters
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures touched a two-week low on Friday on plentiful domestic and world supplies and a firmer dollar, which tends to make U.S. grains less competitive, traders said. Corn and soybean futures posted modest declines, with fears of a trade war with Mexico hanging over the grains complex. Chicago Board […] Read more
U.S. grains: Soy, corn fall on crop prospects, trade fears
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures closed lower Thursday on improving South American crop prospects and jitters about U.S. trade relationships, analysts said. Wheat futures rose on better-than-expected weekly U.S. export sales. Chicago Board of Trade soybeans for March delivery settled down 5-3/4 cents at $10.49-1/2 per bushel and March corn ended […] Read more
CBOT weekly outlook: South American weather steering markets
Reading Time: 2 minutes CNS Canada — Chicago corn futures chopped slightly higher during the week ended Wednesday, as concerns over South American weather, the U.S. dollar and the public musings of a newly-sworn-in U.S. president spurred some speculative buying. “Those are the three driving forces,” said Scott Capinegro, co-owner of Barrington Commodity Brokers. Both corn and soybeans are […] Read more
U.S. grains: Soybeans fall on Argentina weather
Reading Time: 2 minutes Reuters — U.S. soybean futures fell to a 1-1/2-week low on Wednesday on an improved South American crop weather outlook while corn edged higher on export demand, traders said. Wheat sagged on ample old-crop supplies and a lack of supportive news. Chicago Board of Trade March soybean futures settled down 3-1/4 cents at $10.55-1/4 per […] Read more
U.S. grains: Corn down on profit-taking, trade worries
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell nearly two per cent on Tuesday on profit-taking after hitting multi-month highs and uncertainty about how U.S. trade policy will affect grain exports, analysts said. Wheat followed corn lower but soybeans turned higher in the final minutes of trade. Chicago Board of Trade March corn settled down […] Read more
U.S. grains: Soybeans fall as Argentina crop worries ease
Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures fell on Monday for a third straight session on profit-taking after last week’s six-month highs and improving weather outlook for Argentina, analysts said. Wheat closed higher on technical buying including short-covering, while corn ended nearly unchanged as the market consolidated after hitting a multi-month top on Friday. Chicago […] Read more
U.S. grains: Corn up on strong exports, ethanol demand
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures touched a six-month high on Friday, buoyed by robust demand from exporters and ethanol producers, analysts said. Wheat followed corn higher in largely technical trade while soybeans eased on profit-taking. But all three markets posted weekly gains. Chicago Board of Trade March corn settled up 3-1/2 cents at […] Read more
U.S. grains: Wheat down on profit-taking, export fears
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell nearly two per cent on Thursday on profit-taking and expectations of slowing export demand in the wake of this week’s rally to multi-month highs, analysts said. Soybean futures also declined as the market consolidated after a run-up to a six-month peak. But corn firmed on technical buying […] Read more
U.S. grains: Soy up for fourth session on Argentina crop concerns
Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures rose on Wednesday for a fourth straight session, notching a six-month high on worries that recent heavy rains could damage crops in Argentina. Wheat and corn closed lower on a round of profit-taking after multi-month highs. Chicago Board of Trade March soybeans settled up 5-3/4 cents at $10.75 […] Read more
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