Reading Time: 2 minutes Reuters — U.S. corn futures jumped to a 10-1/2 week high on Monday, lifted by trades that simultaneously bought the grain and sold wheat, after last week’s report on supplies by the U.S. Department of Agriculture. Chicago wheat slipped, while soybeans rose to their highest since Sept. 23 on short-covering and gains in soymeal. USDA […] Read more
U.S. grains: Corn jumps in trading against wheat
U.S. grains: Corn jumps on positioning, new signals of feed demand
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures jumped Friday on quarter-end positioning and government crop data that signalled livestock producers had not cut back on feeding the grain in favour of wheat, as some traders had expected. Prices rose after the U.S. Department of Agriculture, in a quarterly crop report, said 1.738 billion bushels of […] Read more
U.S. grains: Soybean futures strong, wheat weak
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures firmed on Thursday on a mild round of bargain buying and short-covering ahead of a key government report on Friday, traders said. Signs of strong export demand for the oilseed also lent support to soybean futures but gains were kept in check by reports of good yields from […] Read more
CBOT weekly outlook: More losses likely as U.S. harvest pressure mounts
Reading Time: 2 minutes CNS Canada — Soybean and corn futures at the Chicago Board of Trade are both trending lower and should continue to do so, as seasonal harvest pressure and large production estimates will limit the upside potential over the next few weeks. “To some extent, the large crops are dialed in to our prices,” said Rich […] Read more
U.S. grains: Corn, soybeans fall on harvest pressure
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures weakened Wednesday on expectations that drier weather in the coming days will allow farmers in the Midwest to ramp up the harvest of what is expected to be record-large crops, traders said. MGEX spring wheat and K.C. hard red winter wheat contracts firmed on tight stocks […] Read more
U.S. grains: Soybeans, wheat edge higher on short-covering
Reading Time: 2 minutes Chicago | Reuters — U.S. grain and oilseed futures were mostly higher on Tuesday, with soybeans rebounding from an earlier five-month low on support from investor short-covering ahead of a U.S. Department of Agriculture quarterly stocks report due on Friday. Rainfall delayed the U.S. corn and soybean harvests, while heavy precipitation could curb wheat output […] Read more
U.S. grains: Corn, soy decline to one-week lows
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures fell one per cent or more on Monday, pressured by outlooks for drier weather conditions that should let farmers make headway in gathering record-large crops, traders said. Chicago Board of Trade wheat futures also were lower as investors squared positions ahead of the U.S. Department of […] Read more
U.S. grains: Soy futures follow cash market lower
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell 1.9 per cent to a one-week low Friday morning on reports of big harvest yields and heavy farmer sales on the cash market, traders said. Wheat futures weakened as traders said ample global supplies were likely to blunt the impact of India’s decision to slash its import […] Read more
U.S. grains: Fund sales pressure corn prices
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures sagged 1.1 per cent on Thursday on a round of fund selling as the pace of harvest quickened around the U.S. Midwest and cash markets weakened, traders said. Wheat futures also fell, following corn lower, while soybeans edged higher on strong crude oil markets and […] Read more
CBOT weekly outlook: Harvest pressures run up against harvest conditions
Reading Time: < 1 minute CNS Canada — Soybean futures at the Chicago Board of Trade moved higher during the week ended Wednesday, as a rally in soyoil, solid export demand and concerns over harvest delays across the U.S. Midwest all provided support. The U.S. soybean harvest was just getting started, with four per cent in the bin as of […] Read more
A message from April Stewart, Country Guide's Associate Editor
