Reading Time: 2 minutes Chicago/Reuters – U.S. soybean futures rose for the third straight session on Monday, boosted by robust export demand, while wheat and corn futures eased due to caution ahead of Tuesday’s U.S. elections and a key supply-demand report. Chicago Board of Trade soybean and soymeal prices each gained nearly 1 percent after the U.S. Department of […] Read more
U.S. grains: U.S. soybeans extend gains on export demand, grains ease
U.S. grains: Soy, wheat edge higher on fund buying ahead of USDA report
Reading Time: 2 minutes Chicago/Reuters – U.S. soybean, wheat and corn futures were slightly higher on Friday, boosted by light investment fund buying ahead of next week’s presidential election and U.S. Department of Agriculture monthly supply and demand data, traders said. Chicago Board of Trade corn and soybean futures fell sharply for the week, despite Friday’s modest gains, while wheat […] Read more
U.S. grains: Wheat drops, soy edges up after U.S. export sales data
Reading Time: 2 minutes Chicago/Reuters – U.S. wheat futures fell more than one per cent on Thursday and soybean and corn prices rose slightly as markets took cues from U.S. Department of Agriculture export sales data, traders said. Export sales of 2.5 million tonnes of U.S. soybeans and 1.47 million tonnes of corn topped analysts’ estimates. Wheat export sales […] Read more
U.S. grains: Soy, corn sag ahead of USDA report, election
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Wednesday for a fourth straight session on long liquidation and profit-taking ahead of a key government crop report and market jitters over next week’s presidential election, analysts said. Corn also declined, with the December contract nearing a three-week low. Wheat firmed on short-covering as investors headed […] Read more
CBOT weekly outlook: Soybeans, corn trending lower
Reading Time: < 1 minute CNS Canada — Soybean and corn futures at the Chicago Board of Trade have come down over the past week, and may be headed lower as both fundamental and technical signals look bearish. January soybeans have a downside target of $9.40-$9.50 per bushel, said Terry Reilly of Futures International in Chicago (all figures US$). Improving […] Read more
U.S. grains: Soy, corn fall on big U.S. crops
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean and corn futures fell on Tuesday on expectations the U.S. Department of Agriculture might raise its forecast of the U.S. soybean yield in a monthly report next week, traders said. Wheat followed the weak trend, with global grain supplies adding pressure. CBOT January soybeans settled down […] Read more
U.S. grains: Wheat jumps on short-covering
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures climbed more than one per cent on Monday as traders covered short positions following U.S. regulatory data last week showing an unexpectedly large build in bearish wheat bets. Soybean and corn futures both were flat to narrowly mixed in thin-volume trading, with some soybean contracts […] Read more
U.S. grains: Soy eases on profit-taking after big weekly gains
Reading Time: 2 minutes Chicago | Reuters –– U.S. soybeans futures fell one per cent on Friday, reversing from a two-month high while wheat and corn also eased as investors took profits after recent gains, traders and analysts said. Front-month Chicago Board of Trade November soybeans tested Thursday’s peak of $10.20 per bushel, but topped out at $10.17-1/2 and […] Read more
U.S. grains: Soybeans rise on export sales, soymeal gains
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures were narrowly higher on Thursday, reaching two-month peaks as they extended gains on the back of big export sales to China and as soymeal futures surged two per cent. Chicago Board of Trade corn futures rose for the third straight session, while wheat futures were mostly higher, with […] Read more
CBOT weekly outlook: Harvest pressure seen easing
Reading Time: < 1 minute CNS Canada — Soybean and corn futures at the Chicago Board of Trade moved higher during the week ended Wednesday, with soybeans leading to the upside on the back of solid export demand and a rally in world vegetable oil markets. The front-month contract moved well above the psychological $10 per bushel mark, which may […] Read more
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