Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed more than two per cent on Monday and set a three-week high, led by strength in Asian oilseed markets and stronger-than-expected weekly export data, analysts said. Corn and wheat futures were also higher but trailed the advances in soybeans. Chicago Board of Trade January soybeans settled up […] Read more
U.S. grains: Soy climbs on Asian oilseed strength, export data
U.S. grains: Wheat climbs on short-covering ahead of weekend
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose about one per cent on Friday as dry weather and expectations of a drop in U.S. wheat plantings prompted short-covering ahead of the weekend, analysts said. Corn and soybeans also firmed in largely technical moves. Chicago Board of Trade December wheat settled up five cents at $4.08 […] Read more
U.S. grains: Wheat climbs on acreage view, short-covering
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose about 1.5 per cent on Thursday as expectations for a drop in U.S. wheat plantings for 2017 and strong weekly export sales prompted short-covering, traders said. Corn and soybeans closed modestly higher on technical buying and strong weekly export sales. Chicago Board of Trade December wheat settled […] Read more
CBOT weekly outlook: Corn, soy have room to decline further
Reading Time: < 1 minute CNS Canada –– Soybeans and corn at the Chicago Board of Trade are likely to trend lower as traders focus on the U.S. dollar’s recent strength. “This is a currency-driven market; we think the currency has moved too fast, too soon,” said Terry Reilly of Futures International, LLC. The U.S. dollar moved to a fresh […] Read more
U.S. grains: Soybeans retreat as traders eye rising stockpiles
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Wednesday as traders turned their attention to rising inventories from a record-large harvest and mostly favourable crop weather in South America, analysts said. Corn and wheat futures drifted lower, with this week’s surge in the dollar adding pressure. A firmer dollar tends to make U.S. goods […] Read more
U.S. grains: Corn and wheat up as crude oil soars
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat prices each rose more than one per cent on Tuesday as strength in crude oil helped the broader commodities sector rebound from sharp declines a day earlier, analysts said. Soybean futures were modestly higher, supported by bullish monthly U.S. crushing data. Chicago Board of Trade December corn […] Read more
U.S. grains: Wheat down as U.S. dollar pressures commodities
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell about two per cent on Monday, joining a broad decline in commodities as the dollar roared to an 11-month high, analysts said. Soybeans and corn also sagged, with a sell-off in Chinese soy futures adding pressure. Chicago Board of Trade December wheat settled down nine cents at […] Read more
U.S. grains: Soy, corn rebound on technical buying; wheat lower
Reading Time: 2 minutes Chicago/Reuters – U.S. soybean futures rallied on Thursday, rebounding on technical buying after the previous session’s steep losses, while corn edged higher and wheat lower in choppy trading as the dollar rose, traders said. All three commodities pared earlier gains, with the U.S. Department of Agriculture’s monthly forecast on Wednesday for larger-than-expected and record-large U.S. […] Read more
U.S. grains: Corn nears one-month low after USDA raises harvest estimate
Reading Time: 2 minutes Chicago/Reuters – U.S. corn futures slid on Wednesday to their lowest level in almost a month and soybean futures weakened after the U.S. Department of Agriculture raised its domestic harvest estimates from already record-high levels. In a monthly report, the USDA said farmers will grow 15.226 billion bushels of corn this year, with an average […] Read more
U.S. grains: Soybeans, corn climb on fund-driven buying
Reading Time: 2 minutes Chicago/Reuters – U.S. soybean futures rose on Tuesday as fresh capital flowed into grain and oilseed markets a day ahead of a monthly government crop report and ahead of the results of the U.S. presidential election, analysts said. Corn futures jumped two per cent to a one-week high and wheat followed the firm trend. At […] Read more
A message from April Stewart, Country Guide's Associate Editor
