Reading Time: 2 minutes Chicago Board of Trade grain and soybean futures turned higher on Friday as market participants and fund traders scrambled to cover their hefty short positions on signs of the U.S. economy weakening, market analysts said.
U.S. Grains: Soy, grain futures turn higher on economy concerns
U.S. grains: Corn prices near four-year low, trapped below $4/bushel
Reading Time: 2 minutes U.S. corn and soybean futures fell to their lowest levels in nearly four years on Thursday as forecasts for cool, rainy weather in the Corn Belt boosted yield expectations, analysts said.
U.S. grains: Chicago corn falls below $4 on beneficial weather
Reading Time: 2 minutes Chicago December corn futures settled below $4 and hit a contract low on Wednesday as favorable U.S. crop prospects weighed and farmers began selling their hefty supplies of old crop corn, traders said.
Klassen: Western Canadian yearling prices hit fresh record highs
Reading Time: 2 minutes The year-over-year decline in last year’s calf crop has caused the market to set new records. Larger finishing feedlots are setting the price structure as many of these lots have seasonal low inventory. The quality of yearlings coming off grass is excellent with buyers shopping for feed efficiencies.
U.S. grains: Soy tumbles to 2020 lows as rains seen aiding US crops
Reading Time: 2 minutes Chicago soybean prices plunged on Monday to the lowest since October 2020, as forecasts for rain in the U.S. crop belt alleviated concerns over the potential impact on crop yields from hot and dry weather.
U.S. grains: Soy tumbles as U.S. rain forecast offers relief
Reading Time: 2 minutes Chicago Board of Trade soybean and corn futures plunged on Friday but were set for weekly gains, as weather forecasts indicated positive news for crops in the central United States.
U.S. grains: Chicago grains firm as forecasts call for hot, dry weather
Reading Time: < 1 minute Chicago wheat and corn gained strength on Wednesday as the market monitored a hot, dry spell forecast in parts of North America, but gains were capped by sizeable global supplies.
U.S. grains: Soybeans, corn touch two-week highs on short-covering, weather
Reading Time: 2 minutes The price rally in Chicago Board of Trade (CBOT) corn futures extended into a second day on Tuesday, with the most-active contract Cv1 reaching a two-week high, as traders began to focus on weather-related impacts on the U.S. crop and short-covering, market analysts said.
Klassen: Feeder market leaps higher
Reading Time: 2 minutes For the week ending July 20, Western Canadian yearlings traded $8-$15 above prices from seven days earlier. Values for larger groups of quality calves were up $8 to $10 from a week earlier while run of the mill smaller packages were relatively unchanged.
U.S. grains: Soybeans rebound as market unwinds some of its ‘Trump trade’
Reading Time: 2 minutes Chicago Board of Trade soybean futures jumped on Monday on a flurry of short covering, with prices rebounding from last week's 2020 lows as traders re-evaluated the U.S. political landscape after U.S. President Joe Biden abandoned his reelection bid on Sunday.
A message from April Stewart, Country Guide's Associate Editor
