Reading Time: < 1 minute Soybean and corn futures at the Chicago Board of Trade fell to fresh contract lows in early July, as relatively favourable growing conditions and bearish technical signals weighed on values.
CBOT weekly: Good weather leads to new lows in Chicago soybeans and corn
U.S. grains: Wheat, corn recover after slide; soy hits 2020 low
Reading Time: 2 minutes Chicago wheat and corn futures ticked higher on Tuesday after sharp declines on Monday, while most-active soybean futures closed at their lowest point in nearly four years, as expectations of ample supplies from northern hemisphere harvests hung over the market.
Klassen: Buyers tasting feeder cattle prices for fall run
Reading Time: 2 minutes For the week ending July 2, Western Canadian yearling prices were steady to $5 higher compared to seven days earlier for larger packages. Small groups of 800-pound-plus cattle were $10 to $15 discounted to pen-sized lots. Calf markets were relatively unchanged from the prior week, although volume was limited. There is significant open demand for yearlings and finishing feedlot operators are watching how prices develop.
U.S. grains: Soybean, grain futures drop on expectation of positive crop report
Reading Time: < 1 minute Chicago Board of Trade soybeans and corn futures on Monday dropped to around the lowest prices in four years, as traders expected a positive picture of U.S. crop progress from the U.S. Department of Agriculture (USDA) in a report due later in the day.
U.S. grains: US wheat futures up on strengthening demand
Reading Time: < 1 minute Chicago Board of Trade wheat futures spiked on Friday amid an uptick in demand for U.S. wheat due to a weaker dollar and the availability of desirable new-crop wheat, traders said.
U.S. grains: Soybean futures recover from four-year low
Reading Time: 2 minutes Chicago Board of Trade soybean futures rose on short covering on Wednesday after nearing a four-year low this week on concerns about large supplies and lackluster U.S. export demand, analysts said.
CBOT Weekly: Still at the behest of the weather
Reading Time: < 1 minute United States corn and soybean crops continued to remain at whatever whims the weather brings, according to John Weyer of Walsh Commercial Hedging Services in Chicago.
U.S. grains: Corn, soy futures rise on technical trading, weather questions
Reading Time: 2 minutes Chicago corn futures extended gains on Tuesday on short-covering and U.S. crop condition questions, while soybean prices also turned higher on technical trading and unfavorable weather in some soybean growing areas of the central U.S., traders said.
Klassen: Light volumes characterize feeder market
Reading Time: 2 minutes For the week ending June 29, Western Canadian yearling and calf markets were unchanged from seven days earlier. Many auction barns are in holiday mode and volumes were light, making the market hard to define. Late blooming stragglers and off grade calves were common.
U.S. grains: Corn tumbles to contract lows on additional US corn acres
Reading Time: 2 minutes Chicago September corn CU24 plunged on Friday to contract lows after U.S. Department of Agriculture data showed far more acres planted with the grain than expected due to favorable spring weather.
A message from April Stewart, Country Guide's Associate Editor
